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2017 January February Marina World

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GLOBAL REVIEW 2016 Royal Phuket Marina could be substantially developed under new ownership. Finally, in Bahrain, Amlak initiated the second phase of the Bahrain Marina Development project, a world-class coastal facility in Manama that is poised to become the kingdom’s prime lifestyle and leisure destination. Scheduled to complete in 2020, the mixeduse project will include recreational waterfront space and a large yacht club with a substantial marina. Superyacht focus in Asia There were good signs of further growth in Asia. In Korea, a marina project in Dangjin, South Chungcheong, which was put on hold due to a lack of investment, was finally financed by a Chinese investor. It marks the first time a foreign investor has taken part in a development project related to Korea’s yacht tourism industry. China’s staterun Liodi Group 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 and yacht club. In Taiwan, YuYue Yacht Company and Bellingham Marine signed a Memorandum of Understanding outlining ways in which the companies will work together to create new marinas in Taiwan. They said the growing popularity of recreational boating in the country is straining available resources. Three marinas were completed in 2013, adding 200 slips to the region, but these have all been filled. In Vietnam, the first international superyacht facility opened in Danang city in June. Several yachts, the largest over 120m (394ft), were pre-booked for the summer months. The marina completed a first-phase development and will be further expanded over the next two years to accommodate yachts of unlimited size, stern-to and alongside, at floating pontoons. The marina has been planned as a major superyacht base for Southeast Asia due to its central location halfway between Hong Kong and Singapore, across from the Philippines and Indonesia. The marina will be complemented by a yacht club, with yacht repair and maintenance services available. Development ramped up in Thailand. Port Takola Marina and Yard in Krabi, Phuket, soft-opened in May, providing much needed berths close to the international tourist destinations of Ao Nang and Zhang Nga Bay. Set on a private estate, it will be the focal point of a low-density, low-rise resort with residences, hotel and nature trails. Over time, it will expand to offer 260 berths, boast an architectdesigned capitainerie, and host offices and shops for yachting-related businesses. And, while the chairman of Royal Phuket Marina CGI shows superyacht berthing at Caroline Bay Marina in Bermuda. created international interest by putting the award-winning marina up for sale, the government announced it had agreed to build eight new marinas, as part of a plan to turn the country into a marine leisure hub. Four will be built in the Andaman Sea and four in the Gulf of Thailand. At least two will be capable of handling superyachts. The Maldives sought to further extend cruising circuits. Leading yacht agency Asia Pacific Superyachts Maldives (APSM) oversaw plans for a new 300-berth marina on a manmade island to the west coast of Hulhamalé. When complete, the development will feature shops, food and beverage outlets, a yacht club with exhibition space and dry berth facilities. The proposed marina will be vitally important for the development of the Maldivian tourist industry, as more than 80% of all ocean safaris operating in the Maldives anchor in the adjacent lagoon. - January/February 2017 27

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