Gyeryong-si Secures Hosting of 'International Defense Industry Exhibition'... Largest Scale Ever

October 2-6 at Gyeryongdae Runway Area... 50 Countries' Defense Officials and 500 Defense Companies Participate

Gyeryong City in Chungnam announced that it has secured the hosting rights for the 'International Defense Industry Exhibition (KADEX) 2024,' the largest of its kind in South Korea.

KADEX, held from October 2 to 6 at the Gyeryongdae runway, is an international exhibition that showcases the global stature of K-defense.

The exhibition displays advanced defense products across various fields, from weapon systems such as information, command and control, communication, mobility, firepower, protection, and aviation to power support systems (non-weapon systems) that support combat power protection.

The exhibition will be the largest ever, with defense industry officials from 50 countries worldwide and 500 domestic defense companies participating, operating 1,500 booths.

Key programs include △consultation meetings between global defense companies and domestic parts companies △consulting by relevant agencies for companies wishing to enter the defense industry △startup technology demonstrations and investment briefings △purchase consultations between official overseas delegations and participating companies △demonstrations of new technologies and products by participating companies.

The city expects effects such as strengthening the status of K-defense and Chungnam as the defense capital, expanding sales channels for domestic defense companies, increasing attractions at the Gyeryong Military Culture Festival and Ground Forces Festival, and revitalizing local tourism and the economy.

The Army Association estimates that the consumption generated in Chungnam through the exhibition will reach 23 billion KRW.

The Korea Tourism Organization analyzed per capita expenditure for the MICE (Meetings, Incentives, Conferences, and Exhibitions) industry at 229,259 KRW for domestic visitors and 2,234,605 KRW for foreign visitors, projecting that the total expenditure for 'KADEX 2024' will reach 21.5 billion KRW.

The city plans to promote major tourist attractions such as Hyangjeoksan Healing Forest, Sagye Traditional House, and Ipam Reservoir in line with the hosting of 'KADEX 2024' to visitors.

Mayor Lee Eung-woo said, “We warmly welcome the hosting of KADEX 2024 in Gyeryong and will actively support the successful holding of the exhibition.”

This content was produced with the assistance of AI translation services.