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Hamed Hassan, Director of Maritime Licensing and Registration Services, Dubai Maritime City Authority
The Dubai Maritime City Authority has joined forces to explore the future of luxury yachts in a new 21st century perspective during its participation in the 2018 Middle East Yacht Conference on "Accelerating luxury yacht sector growth, market needs and emerging opportunities "Policy makers, regional and international experts and marine industry leaders reviewed key emerging trends and future prospects for the industry. luxury yachts industry at local and regional level. The twelfth session was marked by an extensive program of in-depth discussions on how to build confidence in the luxury yachts sector in the Middle East, highlighting millennium-related marketing strategies and trends in regional and international growth of yachts over the last decade.
Hamed Hassan, director of the licensing and marine records department at the Dubai Maritime City Authority, said: "The yacht sector has proven to be a major contributor to the qualitative success of Dubai as one of the best of the five most competitive and attractive maritime groups in the world, The local maritime sector, which currently hosts more than 7,400 companies and more than 13,000 maritime and investment activities, contributes to the creation of more than 76,000 jobs, reinforcing expectations that its contribution to GDP will reach 25% over the next few years The total value of the maritime sector in the UAE is expected to reach US $ 66 billion by the end of 2018. The value of the pleasure craft sector lies between 1.3 and 1.5 billion USD., Confirming its leading position in the leisure sector with 14 luxury yacht projects with a total length of 611 meters.
"Our participation in the 2018 Middle East Yacht Conference reflects our ongoing commitment to building the confidence of regional and international investors in the luxury yacht market in Dubai, which paves the way for the development of one of the most world-renowned, Excellence and Technology, and we look forward to supporting national and regional efforts to accelerate the growth of the yacht market.In collaboration with Dubai Maritime City Authority, we have developed a Recreational Maritime Tourism Development Plan and Luxury yacht reception in cooperation with Dubai Tourism Launch of a package of incentives, investments and legislation will increase Dubai's share of the global yachts sector to 74.7 billion dollars by 2022. We were delighted to participate in this event, which was an important platform to open new channels for exchanging visions, successful experiences and best practices. With the regional and international leaders of the maritime industry, as well as the identification of modern mechanisms to maximize the development opportunities of the leisure industry in Dubai and the Middle East in general. "
Mr. Hassan joined elite speakers for a session titled "The Luxury Yacht Leasing Sector in the Persian Gulf: Emerging Opportunities from the Government's Perspective". He presented in detail the remarkable progress made by the Dubai Maritime City Authority in upgrading the marine leisure licensing and yacht licensing mechanism In the Dubai Emirate's regional waters, consider effective measures to strengthen maritime safety and operational efficiency, to ensure the safety of navigation, to increase the confidence of the international community of investors in the maritime recreation sector and to support national efforts to strengthen its contribution to maritime transport. Dubai economy. Up to AED 300 billion, according to the 2020 Tourism Vision Dubai.
"The conference is an ideal platform for us to recognize Dubai's central role as an important center on the water recreation tourism map, underpinned by state-of-the-art infrastructure, policies, regulatory frameworks and licensing procedures. , meeting the needs of owners and operators of yachts and luxury boats, in accordance with the highest standards of efficiency, reliability and excellence Developing our pioneering experience in the search for opportunities in the luxury yacht sector of the GCC and the Middle East, and strengthen our cooperation with marine leaders to drive growth, sustainability and competitiveness. "Yacht Industry."
Renowned speakers, local, regional and international experts as well as maritime officials attended the 2018 Middle East Yacht Conference, which was held in Yas Marina, Abu Dhabi. She also took part in a series of seminars and round tables on the main topics related to maritime affairs. Luxury yachts in the Middle East and ways to promote marketing strategies for the millennial generation. Yas Marina, Maras, Abu Dhabi Ministry of Transport, Ministry of Culture and Tourism, Dubai Maritime City Authority, Gulf Craft, Burjis DP World, Vidship, Oshino, Riva Yachts and GLS Yacht Rental Services.
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