B.C.'s leadership in clean energy and technology is on display at the International Exhibition on Environmental Technology and Green Energy (ENVEX 2010), South Korea's largest annual environmental trade show, said Iain Black, Minister of Small Business, Technology and Economic Development.
"As Canada's Pacific Gateway, British Columbia is ideally positioned to expand trade and investment with the world's fastest-growing economies in Asia, including Korea," said Black. "By participating at ENVEX, our government is helping to promote British Columbia as a centre of excellence for renewable and low-carbon fuels technology, as well as our province's attractive regulatory and business climate."
Six B.C.-based companies are promoting their products and services at ENVEX, including Greenlight Innovation, Ballard Power Systems, Aqua- Guard Spill Response, CB Williams Energy Group, IMW Industries and Palcan Energy Corp. The companies are participating through the British Columbia Pavilion, which is organized by the Province's Seoul- based trade and investment office.
"By participating at British Columbia's ENVEX pavilion, Greenlight Innovation is able to showcase its fuel cell and electric vehicle battery-testing equipment to new international markets," said Greenlight Innovation president Ross Bailey. "This is a great opportunity to enhance our profile as a world leader in these technologies, and we look forward to participating in future British Columbia delegations."
ENVEX 2010 is taking place June 9-11, 2010 in Seoul, and 50,000 delegates and 700 buyers are expected to attend.
South Korea is British Columbia's fourth largest trading partner, with bilateral trade worth $3.2 billion in 2009. Four of B.C.'s five largest trading partners are located in Asia, with B.C. exports to the continent worth $9.4 billion in 2009, an increase of 38 per cent compared to 2001.
To attract trade and investment, British Columbia has established a network of trade and investment representative offices in Asia, located in Bangalore, Beijing, Guangzhou, Shanghai, Seoul and Tokyo. These offices also help B.C.-based businesses connect to opportunities in these markets.
Government has also opened the Asia Pacific Business Centre at Robson Square in Vancouver. For more information, visit http://trade.britishcolumbia.ca
Information about ENVEX is available through their website at www.envex.or.kr