POSCO International Fireworks Festival is a festival with exciting water sports during the day and beautiful fireworks over Yeongil Bay at night.

Every summer, the festival is held in locations such as Hyeongsan River Sports Park and Bukbu Beach. Main events include the International Fireworks Contest, City of Light Performance, and Fireworks Parade. There are also a number of other performances (such as the Pohang Bada International Theater Festival and Fireworks Art Festival) and presentations and experience programs led by the Marine Corps and Coast Guard.

Events at the festival include the National Water Sports Contest, yachting, and beach volleyball, as well as participatory contests for festival visitors.

Programs
 

* Main Events: International Fireworks Contest, Ilwol Mythology Performance, and Fireworks Parade

* Performances: guest or cultural performances, Pohang Bada (Sea) International Theater Festival, and Fireworks Art Festival

* Experience Events: 5th Annual Water Sports Contest, Experience Marine Corps and Coast Guard Life, Lantern & Landscape Festival