SUNBIZ

‘Yachties Rake In $38m A Year’

The yachting industry rakes in $38 million a year in revenue, Prime Minister Voreqe Bainimarama has been told. And there are plans to make the Fijian yachting industry by far
02 Mar 2017 11:00
‘Yachties Rake In $38m A Year’
Nawi Island front view from Savusavu Town in Vanua Levu. Photo: SHRATIKA NAIDU

The yachting industry rakes in $38 million a year in revenue, Prime Minister Voreqe Bainimarama has been told.

And there are plans to make the Fijian yachting industry by far the largest in the region.

The further development of Savusavu as a destination for cruising yachts complements major marinas in Vuda, Musket Cove and Port Denarau.

Yacht Help Fiji’s managing director David Jamieson, who made the remarks yesterday, said that the completion of the Nawi Island Marina, close to Savusavu Town, would enhance these plans.

He said the marina itself would be able to rake in a decent amount of income.

Mr Bainimarama visited the island during his Northern Division tour. Mr Jamieson said: “What is interesting is that yachters spend most of that money in the hardware stores, supermarkets, hotels and the bars and 95 per cent of the money stays in Fiji.

“They are spending money in the outer islands too where there is no tourism.”

He added that the opening of more marinas would lead to an increase in the number of yachts coming into the country.

Mr Jamieson told Mr Bainimarama they planned to make Fiji the largest multi-million dollar yachting industry in the South Pacific.

“We are ahead of the game,” he added.

Nawi Island Limited managing director Mike Gann said they were looking forward to the next 90 days for the construction of their resort and shipyard.

Edited by Caroline Ratucadra

Feedback:  josaia.ralago@fijisun.com.fj

 

 



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