Dubai: It’s simple math. More water front projects means more boats.
The recent expansion in Dubai mega projects, which includes Bluewater Island, Water Cannel, Maritime City, the Waterfront and the Village of local handcraft will help enhance the status of the Dubai International Boat Show as a major catalyst to lift the boat industry in the UAE overall, Saeed Hareb, Senior Advisor of Dubai International Boat Show, told media on Sunday.
The 21st edition of the Dubai International Boat Show, the region’s leading leisure marine event, will kicked off on March 5-9 at the Dubai Internatinal Marine Club (DIMC), Mina Seyahi, where 430 boats, including 19 luxurious superyachts, valued at more than Dh1 billion, will be on show next week.
Hareb said that the show is not only an exhibition, however it will be a platforms to enhance the maritime industry as well as it will boost the UAE a major centre for these businesses along with the on going mega projects.
More than 750 companies and brands and tens of thousands of visitors and buyers form 49 countries expected to attend the show where a total of 30 global and regional launches taking place, demonstrating the importance of Dubai as a global platform, and the growing strength of the regional marine sector.
Industry leaders from around the world have selected the Dubai International Boat Show to showcase their exciting debuts, including Al Shaali Marine, Art Marine, Chris Craft, Delma Marine, Du Boats, Fountaine Pajot, Gulf Craft, IMG Boats, Safwa Marine, Riviera and Van Dutch among others.
Pointing to the remarkable growth in the regional marine industry, Helal Saeed Almarri, CEO of Dubai World Trade Centre (DWTC) and Director General of the Dubai Department of Tourism and Commerce Marketing (DTCM), said: “This year’s impressive line-up of global and regional launches and the large increase in international participation, serves as a true barometer of the stability and strength of the regional maritime industry.
Describing the show as the catalyst for the Middle East leisure marine sector, Almarri added that the show stimulates the increasing market demand as well as it will enforce the foreign trade and investment into the country and the region.
Float your boat
Seed Hareb, Senior Advisor of Dubai International Boat Show, told Gulf News, that marine industry in the UAE has shown a drastic leap in the last three years as the number of manufacturing companies has reached 50.
While he remarked that 60 per cent of boats owners worldwide are from the Middle East, Hareb said that in the UAE there are 6000 boats ranged from junior to luxury while the total number of boats reached 10,000 in the GCC.
Pointing to the increasing demand in the local market, he said: “In Dubai there are five docks and over 2000 berth, however, this number is expected to be increased soon with the drastic demand in the marked.”