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South-East Asia could become another playground for superyachts

Oct 13, 2009

SINGAPORE - South-East Asia could soon become another playground for cruise yachts like the Mediterranean or the Caribbean if industry players could coordinate their efforts in bringing superyachts traffic into the region, an international yacht conference here was told Tuesday.

Singapore Minister of State for Trade and Industry and Education, S. Iswaran, said the region already had a good marina network with many having the berthing capacity to welcome superyachts.

He said what was needed was coordinated support from industry players to build up and sustain the collective leisure marine offerings in the region so as to increase superyacht traffic through Singapore and the region.

The minister was speaking at the opening of the two-day First Asia Superyacht Conference themed "Transforming Asia into a Sustainable Superyacht Building and Cruising Destination" at the One 15 Marina Club at Sentosa Cove here.

He said not only South-East Asia's geography allowed it to serve as a playground for cruise yachts, but the region also enjoyed warm waters year-round and the marine biodiversity in the region was unsurpassed.

On land, the diverse Asian cultures and historic sites made for interesting shore-side explorations, he added.

Iswaran also said Singapore's strategic geographical location, being at the confluence of major maritime routes and having deep waters, safe harbours, and good weather all year round, also gave added credence to its ambitions to become a superyacht destination.

He said Singapore also had shipyards with leading edge facilities and an infrastructure that were well-equipped to service superyachts from refitting or repairing to classification.

South-East Asia could become another playground for superyachts
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