Following on from a successful first edition in 2013, the 2nd Qatar International Boat Show is returning to Lusail City Marina in Doha this year where more than 100 companies will be exhibiting over a 25,000sq m area of space.
Faysal Mikati, vice present of event organiser Snow Comms, told SB that the number of companies that have signed up continues to rise and has once again surpassed all expectations.
“QIBS 2014 will be double the size of the first show, offering a greatly improved layout, honoured patronage from the Prime Minister, a high percentage of international confirmed exhibitors, a huge number of repeat exhibitors, more boats, a new luxury section… and much more besides,” he says.
The new upgraded exhibition area in Lusail Marina, located just north of Doha’s downtown area, comprises shows both on land and in the water with 25,000sq m of water basin surface and over 60 boats afloat. There will also be more than 10,000sq m of pavilions and outdoor areas.
Furthermore, the entire marina promenade will be used for the first time, together with a bigger dock area situated right at the centre of the exhibition, as opposed to one of the side docks used last year. There will also be a new section this year devoted to luxury products and services.
The 1st Qatar International Boat Show, held last year in Doha, covered 15,000sq m across land and water. Of the 40 vessels on display, 10 boats valued at over $27m were sold by local and regional boatbuilders and dealers, with another four prospective orders for boats valued at $700,000 and three prospective orders for yachts valued at $2.5m.
One of the highlights of the show was the presence of Sharq, a 165ft Overmarine Mangusta, which was sold to a Qatari businessman.
Given that the State of Qatar is rich in natural oil and gas reserves, and that its capital, Doha, is one of the fastest growing cities in the world, Mikati says that no one should be surprised that Qatar’s projected market outlook from now to 2020 is extremely strong. “The successful bid to host the FIFA 2022 football World Cup and the country’s National Vision 2030 are leading to an active projects market estimated to be worth $285bn,” Mikati says.
“Especially in the marine sector, a series of new projects that will offer hundreds of new berths and respective industry-relevant supporting services to all boating enthusiasts are already under development and even more are confirmed and starting to being built.
“New marinas and long awaited yacht clubs, the brand new Banana Island Resort, and the new commercial port along with the rest of the relevant marine preparations that will be required for the needs of the World Cup 2022, are only a few of these.”
With Qataris making up a significant proportion of all Gulf state buyers of boats, yachts and yachting products, it is fitting that Qatar is finally taking its rightful place on the international boat show circuit.
The 2nd Qatar International Boat Show will be held from November 11-15, 2014.