Construction & Real Estate

Kleindienst seals deal to build floating villas, giga-yacht in RAK

Dubai-based developer Kleindienst Group has signed a strategic agreement with RAK Ports for the establishment of a maritime facility which will fabricate floating residences and a giga-yacht in Ras Al Khaimah. 
This state-of-the-art shipyard will comprise four sections - “Viking, Coral Garden, Tug and Ferry, said the developer in a statement.
The first one, Viking will be involved in the design and construction of a 144-m giga-yacht, the first ever of its kind to be built outside of Europe. 
With the construction of this giga-yacht, Ras Al Khaimah will join the ranks of Netherlands, Germany, and Italy, as the fourth region in the world capable of building giga-yachts, and the first destination in the entire GCC region capable of doing so.
Currently there are less than 100 giga-yachts across the entire world, it stated. 
Group Founder and Chairman Josef Kleindienst said: "We are thrilled to partner with RAK Ports in this groundbreaking venture. This collaboration underscores our commitment to advancing the marine industry and fostering economic growth in the UAE."
"Ras Al Khaimah's strategic location and conducive investment environment make it an ideal hub for our ambitious maritime and shipbuilding projects," he stated.
The second section, Coral Garden, will focus on the construction of The Heart of Europe's first-of-its-kind underwater living experience in the form of the Floating Seahorse Villas, the Floating Venice resort, the Floating Lido hotel, floating solar systems, and - as the name indicates - coral gardens and reefs transported from The Heart of Europe project - a $6 billion six-island destination within The World Islands, located 6 km off the coast of Dubai.
The third section 'Tug' will handle the construction of barges, supply and transportation vessels, with plans to more than double the group’s current fleet.
Finally, the “Ferry” section will be dedicated to passenger transportation, fishing boats, as well as sailing and diving boats. With new reef areas in Dubai, the diving industry is set for significant growth. The initial overall scope of work planned includes approximately 200 boats. 
RAK Ports CEO Roy Anthony Cummins said: "This partnership aligns with our vision to develop world-class infrastructure and attract leading global enterprises. The establishment of this maritime facility will bring significant economic and employment benefits to the region."
Additionally, the Dubai developer has also announced that the shipyard will host a Maritime Academy, partnering with best professionals in the industry. 
Furthermore, to ensure the delivery of quality and expertise to the highest standards, Kleindienst Group has already established a Supervisory Board, with highly respected members who each have decades of experience and have completed multiple large scale and well-known projects all over the world, said its top official.
Looking ahead, Kleindienst Group remains committed to further exploring partnership opportunities as it looks to revolutionise innovation and sustainability within the marine sector in the UAE and beyond, he added.-TradeArabia News Service