Officials from Sunreef Yachts and RAK Maritime City at the signing ceremony
Sunreef Yachts Middle East has signed a cooperation agreement with RAK Maritime City for the development of a new facility in Ras Al Khaimah.
The initiative is an opportunity for both parties to leverage their respective strengths and resources to create a world-class facility that will serve as a hub for innovation in the region and create many new jobs.
The new facility, developed on a 65,000-square-meter land reserve, will make use of the latest technologies in luxury yacht building and meet the highest standards of sustainability and energy efficiency.
Sunreef Yachts and RAK Maritime City will work together to carry out the development of the facility, which will be able to offer a 360-degree approach to yacht manufacturing with a modern paint shop, carpentry, upholstery, and stainless steel workshops all equipped with state-of-the-art machinery and the latest robotics.
Sheikh Saqr bin Saud Al Qasimi Chairman RAK Ceramics
“Ras Al Khaimah is growing its capacity across a multitude of sectors as we continue our ongoing sustainable economic development, guided by the vision of Sheikh Saud bin Saqr Al Qasimi. Strategic partnerships are integral to the emirate’s holistic approach to developing a strong and stable economic system with diverse resources. And with that in mind, we look forward to highlighting Ras Al Khaimah’s offering in a bid to attract more international companies to locate here, thrive, and expand into global markets.”
Mr. Francis Lapp, Founder and President of Sunreef Yachts, commented that “we couldn’t have hoped for a better location to pursue our journey in shaping a greener future for yachting. The yachts produced in Ras Al Khaimah will elevate eco-responsible yachting to a new level and showcase industry-first technology. I would like to thank the RAK government and RMC management for their invaluable support in making this dream possible.”
The new facility will be an important part of Sunreef Yachts’ global expansion strategy. It will strengthen the company’s presence in the Middle East as well as allow a stronger connection with the Asian and Australian markets.
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