The Korea Tourism Organization, along with Busan Metropolitan City, the Busan Tourism Organization, and the Korean Diabetes Association, together formed the bidding committee that made the announcement of the bid win on December 7 at the 2017 IDF Congress in Abu Dhabi.Preparation for the successful bid win was a process several years in the making.
The Korea Tourism Organization began its efforts in 2013, and submitted a bid proposal to the IDF last year. It also assisted with site inspections of Busan by IDF delegates.Korea Tourism Organization Vice-President of International Tourism Min Hongmin said, “We hope this bid win has a positive impact on the minds of event planners, and helps to continue to grow confidence in our meetings industry.”Despite the media’s portrayal of Korea’s national security, the country continues to be a popular destination for international events.
Recent statistics by the Union of International Associations ranked Korea 1st worldwide for the hosting of international events in 2016, further proving the resilience of Korea’s meetings industry.The Korean government has long recognized its meetings industry as a key economic driver for growth. The upcoming 2019 IDF Congress is expected to incur 63.7 billion won (US$58.29 million) worth of production and create some 660 new jobs.
The International Diabetes Federation is based in Brussels, and was founded in 1950 as a nonprofit organization seeking to increase awareness of diabetes and to promote care, prevention and cure of the disease. It has hundreds of member organizations from some 170 countries.