Sunday, March 3, 2013

Calmer waters for boat makers in the UAE


UAE boat manufacturers are sailing on a tide of renewed confidence after sales surged last year.

The dedicated Made in the UAE pavilion at this year's Dubai International Boat Show, sponsored by Dubai Chamber of Commerce and Industry, which starts on Tuesday, is providing additional optimism to small and medium-sized boat firms by offering them a platform to showcase their skills to a wider, international market.

As many as 25 companies will be included in the pavilion. The boat show's organiser, Dubai World Trade Centre (DWTC), would not give a specific number.

Boat sales in the UAE grew 40 per cent last year compared with 2011, according to a report compiled by Mike Derrett Marine, a consultancy, for DWTC.

Read more: http://www.thenational.ae/thenationalconversation/industry-insights/retail/calmer-waters-for-boat-makers-in-the-uae#ixzz2MSfqjBF1

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