Major maritime projects, coastline developments and Expo 2020 are driving growth in UAE boat building, say boat manufacturers and authorities. This growing trend will be discussed and debated at the forthcoming 22nd edition of Dubai International Boat Show.
According to market research by Dubai Council for Marine and Maritime Industries (DCMMI) and Drydocks World, Dubai’s maritime industry is buoyant as the UAE saw US$ 170-220 million in investment in boat design and boatbuilding in 2013.
The impact from World Expo 2020, and coastline and island developments such as Dubai Maritime City, Nakheel, The World, and the Dubai Canal, Dubai’s maritime industry is showing strong growth across the board, said DCMMI.
HE Khamis Juma Buamim, chairman, Dubai Council for Marine and Maritime Industries, said: “Since the Expo 2020 announcement, there has been strong international interest in leisure craft in Dubai. This will result in an increase in number of leisure craft, fishing yachts, and tourism boats. The Dubai International Boat Show is a big business for international companies too.”
The event which runs from 4-8 March will have a total of 17 UAE boat builders. This year’s exhibitors include: Al Shaali Marine, AM Shipyard, Al Fajer Marine, Gulf Craft, IMG Boats, Premier Composites Technologies, Safwa Marine.
In addition, the Heritage Village, organised by the Dubai Department of Tourism and Commerce Marketing, offers visitors a fascinating glimpse into the UAE’s rich maritime history and diverse culture.
Erwin Bamps, COO, Gulf Craft, further adds: “The most interesting market growth we have seen is in the 30 to 40 metres sizes. Thanks to improved facilities and marinas for yachts in the UAE, Qatar, Bahrain, and Kuwait, yacht owners in the Middle East are increasingly keeping their yachts of up to 40 metres long in the region.”
The Dubai International Boat Show will feature 840 exhibiting companies and brands – a 12% increase over 2013. The show is expected to draw more than 26,000 visitors from over 70 different countries.