Kintex Secured Profitable Global Convention Center Contracts
The firm expanded its international footprint by managing major exhibition venues across India and Malaysia.
Updated on Sept. 28, 2026 in Remote Work
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Kintex established a successful international presence by operating exhibition complexes in India and Malaysia. These venues have achieved profitability since their respective openings by leveraging global event networks.
Why it matters
The company utilizes its established venue-management expertise and overseas partnerships to ensure stable operations and early profitability for new convention facilities. This approach has allowed the firm to secure long-term management contracts globally.
Kintex holds a 20-year operating contract for the Yashobhoomi complex and a 10-year agreement for the Penang Waterfront Convention Center. The 2024 Korea Industry Expo generated $450 million in export consultations alongside $140 million in deals under negotiation.
The players
Kintex
This organization specializes in the management of large-scale convention centers and international exhibition venues.
The details
Kintex manages these facilities by overseeing space rentals, event planning, catering, security, and facility maintenance. By hosting international meetings and industry exhibitions, the firm builds a consistent base of events that supports ongoing profitability.
Timeline
2018: Kintex began its overseas expansion in India.
2023: The first phase of the Yashobhoomi complex officially opened.
2024: The Korea Industry Expo was held at the Yashobhoomi facility.
2025: Kintex secured the contract to manage the Penang Waterfront Convention Center.
2032: The Jamsil convention center in Seoul is scheduled to open.
Market Landscape
Kintexs expansion mirrors the ongoing growth of the global MICE (Meetings, Incentives, Conferences, and Exhibitions) industry sector. By securing long-term management contracts, the firm is positioning itself to capture increasing demand for international business infrastructure.
The expansion of these venues provides businesses with new opportunities to access global markets and networking hubs. For attendees and exhibitors, the presence of experienced operators typically translates to improved event planning, streamlined logistics, and reliable on-site amenities.
The takeaway
Kintexs track record demonstrates that standardized facility management and strategic event hosting can reliably drive profitability in diverse international markets. Companies looking to expand globally can mirror this model by focusing on consistent operational quality across all regional assets.
Further reading
Learn more about evolving office and event trends in our Remote Work section.
Source note: This article includes information reported by The Korea Herald.
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