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August 27, 2010

MCI opens Korean offices

Global association, communication and event management business, MCI, has expanded its presence in Asia with two new offices in Seoul, Korea.

MCI Korea has been established in a joint venture with leading destination management company, Kim’s Travel. This involves meeting and events subsidiary M&C Planners being rebranded as MCI Korea.

“We are proud to be able to bring MCI to Korea,” said Chun Kim, founder of Kim’s Travel, who will serve as chief executive of MCI Korea.

“We believe it is a great step for the Korean meetings industry to have one of the global leaders of the meetings and events industry firmly established in our country. We can see significant new business through this joint venture, which will bring great benefit to all our clients, partners and suppliers.”

MCI Korea will make a significant investment in FAMC, the first and only association management company in Korea, established in October 2009 as a pioneer in the Korean meetings industry. FAMC will become the Association Management division of MCI in Korea, serving international associations that want to have a presence in Korea and North East Asia. 

“Our partnership with MCI will help FAMC to become the leading AMC in the region and support the Korean association sector to further enhance its professionalism and impact,” said Glynn Cho, founder of FAMC, who has past experience serving as secretary general for several associations.

Commenting on the company’s latest expansion in Asia, president of MCI Asia Pacific, Robin Lokerman, said: “With the opening of MCI Korea, MCI now has 11 offices and over 200 professional employees in Asia. A growing number of our global clients are interested in expanding into Korea, which is also home to many multinationals who can benefit from MCI’s global reach to manage their programmes outside of Korea.

“Many international and AsiaPac associations have leaders from Korea and we look forward to working with them to bring more conferences to Korea. We have assembled a very strong team to develop our business in Korea and expect significant future growth.”

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