Yacht manufacturing project settles in Hainan’s Chengmai
A cooperation agreement between the Chengmai Government, Hainan and Austria Yachts was signed on May 23rd, 2013, for a boating and water sports equipment manufacturing project in Chengmai County.
The project has two parts, one for boating and water sports manufacture and one for research & development and supporting facilities. The whole project is planned in two phases with a total investment of 30 million US dollars.
It is expected to produce 300 yachts annually with sales reaching 30 million US dollars after completion.
Founded in 1975, Austria Yachts has the world’s leading design team and has been producing quality boats for the Australian market for over 30 years.