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2016 July August Marina World

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July August 2016 Marina World

No Substitute For

No Substitute For Excellence THE WORLD’S MOST COMPREHENSIVE MARINA BUILDER C: 0 M: 0 Y: 0 K: 70 Pantone 295 CVC C: 0 M: 0 Y: 0 K: 100 Pantone DS 214-2 C

WORLD NEWS Liodi invests in Dangjin marina KOREA: A marina project in Dangjin, South Chungcheong, on hold due to a lack of investment, is being financed by a Chinese investor according to reports in Korea JoongAng Daily. The newspaper claims this is the first time that a foreign investor has taken part in a development project related to Korea’s yacht tourism industry. China’s state-run Liodi Group has submitted a plan to invest 114.8 billion won (US million) in developing the port in Waemok, Dangjin, with a view to building a 300-berth marina and associated facilities, yacht club, leisure Marina 1 to open this year and commercial buildings. The investors seem to be planning to turn the region into a new centre for tourism connecting Dangjin with Qingdao, China, the newspaper reports. EXPERIENCE INTEGRITY PASSION VISION LEADERSHIP UAE: The governing board of Al Zorah Development Company, a joint partnership between the Ajman Government and Solidere International, reports good progress with its flagship Al Zorah project. Roads, infrastructure and landscape work is already complete, along with pedestrian trails, a 1.6km (1 mile) beachfront and 12km (7.4 miles) of waterfront. The development will feature a unique gate at the entrance, scheduled for completion in December, that will mark it out as an iconic project in the northern Emirates. Marina 1, home to the first of four marinas, which were completed two years ago with a total fit out value of AED 110 million, will open 47 berths for yachts up to 24m (80ft) by the fourth quarter of this year. Marina 1 will also include a retail, food and beverage park, a watersports centre, lawn and play areas. His Highness Sheikh Rashid bin Humaid Al Nuaimi, chairman of Al Zorah Development Company, commented: “Al Zorah is one of the most ambitious projects in the UAE and it is a matter of great pride to see it finally coming to life. We are confident that our project will have a strong impact on Ajman and its economy and we are keen to fulfil our long term goal of providing a highquality destination to both residents and visitors looking for something unique.” Jack Nichol Award Call for Applications BELGIUM: The PIANC Recreational Navigation Commission (RecCom) invites entries for the 2017 Marina Excellence Design Jack Nichol Award. To be eligible, a facility must: provide berthing for recreational boaters; have been constructed within the last 15 years; have operated successfully for the last two years; and be accessible to the boating public. The marinas will be judged on functionality, aesthetics and environmental sustainability. Applications are due 30th September 2016. For further information, contact Simone Lanzalone at: C: 0 M: 0 Y: 0 K: 70 C: 0 M: 0 Y: 0 K: 100 Pantone 295 CVC Pantone DS 214-2 C - July/August 2016 7

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