One of the leading companies in the international market for the construction and development of luxury yacht marinas, Mourjan Marinas IGY, is ready to start implementing new projects for the development of the water area of the cities of the UAE and other Gulf states. In the near future, Mourjan Marinas IGY plans to build about 2 thousand berths for yachts in Oman and Qatar. The company also prepared a marina project in the port of Abu Dhabi - Mina Zayed, which is still awaiting implementation. In addition, Mourjan Marinas IGY is the managing company of the Festival Marina pier in Dubai.
According to Michael Horigan, executive director of Mourjan Marinas IGY, “so far, the situation in the marinas construction market is still far from the scale of 2008, when hundreds of projects for building marinas for yachts were planned to be implemented in Dubai. A sharp drop in prices on the yacht market and adverse economic conditions nullified these undertakings. "
Today, the approach to the development of the base of yacht marinas in the region has become more cautious and is based on a close study of the market and a thorough assessment of the profitability of construction. The construction of marinas for yachts near shopping centers, hotels, art galleries, cinemas can be a good start for the further development of the coastal areas of the Persian Gulf.
