Boat Manufacturers Eye Middle East Market

Dubai – New Zealand yacht and boat manufacturers are eyeing robust sales in the Middle East, saying the region remains a major market despite the global downturn.

“There is still room for growth for the marine industry in the Middle East and UAE has emerged as leading regional yacht and boat market,” said Trevor Matheson, New Zealand’s ambassador to the Gulf region. New Zealand is one of the biggest participants in the ongoing Dubai International Boat Show 2009. “The boating industry is experiencing a period of transition worldwide as its major markets in the US and Europe is facing less demand for new boats. This has placed a strong emphasis on this region,” said Matheson.

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