Companies in the Antalya Free Zone situated along Turkey’s Mediterranean coast manufactured and launched a total of 21 luxury yachts in the first seven months of this year, placing the region as the country’s leading center for yacht production and as a major player in exports.
Luxury yachts from 10 meters to 90 meters (33 feet to 295 feet) are produced in the region with the design and labor of Turkish engineers and employees.
Some 48 yacht companies operate in the free zone, 21 of which are backed by foreign capital. 95% of the produced yachts are sold abroad.
Companies operating in the region, which has become a global brand in the field, receive yacht orders from dozens of countries, from Italy to the U.K., and from the U.S. to Russia and the United Arab Emirates (UAE).
The recent investment in a ship lift with a lifting capacity of 2,000 tons and a crane with a lifting capacity of 560 tons, which came into service in the province, has further increased the attractiveness of the region. Besides, the demand for luxury yachts also boomed with the COVID-19 pandemic as the world’s rich turned to isolated holidays away from the crowd during the outbreak.
