Superyacht Marina to secure Lima's future?
KUALA LUMPUR: Genting Malaysia Bhd’s planned superyacht marina can help position Langkawi as a higher-value maritime and tourism hub, while boosting its appeal to high-spending visitors.
Genting Malaysia Bhd's planned superyacht marina in Langkawi could bolster the island's status as a premium tourism destination and a maritime hub, according to industry experts. The marina, expected to open in late 2027, would provide a permanent facility for naval vessels and maritime tech exhibitors, complementing the existing Langkawi International Maritime and Aerospace Exhibition (Lima).
Lima's inclusion as a fifth pillar alongside defence, aerospace, maritime, and tourism could transform Langkawi from a five-day event site into a 365-day maritime demo hub. The government is currently considering alternative venues for Lima, such as Klebang in Melaka, due to concerns about space and infrastructure. However, experts argue that the marina and Lima together could create a stronger economic ecosystem for Langkawi.
The marina, planned to have over 90 berths for superyachts up to 140 feet, is being developed by Genting Malaysia and Singapore-listed SUTL Enterprise Ltd. The investment required for such a project is estimated to range from US$15 million to US$65 million for a mid-sized marina, with larger ones potentially costing up to US$120 million.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
