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The Dubai Maritime City Authority (DMI) has joined forces to explore the future of luxury yachts in a new 21st century perspective at the 2018 Middle East Yachts Conference, on the theme "Accelerating the growth of luxury yacht market.
"The luxury yachts sector has proven to be a key element of Dubai's qualitative achievements, as one of the five most competitive and attractive marine groups in the world," said Hamed Hassan. , Director of Licensing and Marine Records at the Dubai Maritime City Authority.
Stressing its essential role as a key pillar of the growth of the local maritime sector, which currently has more than 7,400 businesses and more than 13,000 maritime and investment activities contributing to the creation of more than 76,000 jobs and increasing its contribution gross production at 25% over the next few years. .
The UAE marine sector is expected to reach $ 66 billion by the end of 2018. The recreational marine sector is worth $ 1.5 billion to $ 1.5 billion, making it the ninth largest in the world. yachts built this year. In the leisure sector with 14 luxury yacht projects with a total length of 611 meters.
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