»»Shortage of Marinas Limite Boat Sales in the Emirates
A lot of people can afford boats in the UAE. However it seems a shortage of marinas could limit growth in boat sales in the Emirates.
- What is holding back the boat industry’s growth?
Physical infrastructure is the main challenge. It is the facilities that have to be built around marinas. You can build marinas in a simple way, but it is not about just having a dockyard or pontoon.
You have to build causeways, restaurants, there has to be the whole urban planning around marinas. So it is the infrastructure that is limiting the development.
- What is the marina requirement in the UAE?
Everything is full at the moment. There are about 13,000 boats in the country. People are talking about between 10,000 and 30,000 more boats. Once people know there are more marinas, they will buy boats. So whatever demand is there now will grow. (source)
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