Sanya is set to team up with Guangzhou's Nansha district for the construction of a regional yacht industrial cluster.
Cooperation agreements were signed on March 11 between the Nansha culture, radio, tourism & sports bureau, Sanya Central Business District Administration, Nansha International Cruise Home Port Operation Management and Sanya International Yacht Development.
They will launch joint cruise routes, host industrial cooperation seminars and roundtable conferences, and enhance cooperation in liner supply and maintenance to promote the healthy development of the regional yacht industry, relying on their respective advantages in location, policies and resources.
The only industrial park in Hainan Free Trade Port featuring yachts as a pillar industry, Sanya Central Business District has been active in releasing supporting policies, advancing key projects and optimizing its business environment this year.
The industrial park is currently home to 35 registered yacht enterprises and 14 have signed settlement agreements. Those enterprises will advance Sanya's development as an international cruise home port and international yacht trading center.
