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Friday, November 27 - 2009

Middle East marinas 'unparalleled' says Australian expert

  • United Arab Emirates: Wednesday, December 12 - 2007 at 13:55
  • PRESS RELEASE

IGY has hired top Australian Certified Marina Manager and developer, Matthew Bate to take up the position of Regional Manager for IGY in the Middle East as of January 2008.

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  • Matthew Bate.
    Matthew Bate.
Bate, a civil engineer, who brings 12 years of marina experience to the IGY team, is one of only 200 marina managers certified by the International Marina Institute in the US and will manage the expansion of IGY marina operations in the Middle East, being involved at the planning stages and being responsible for the ongoing management.

Bate says the Middle East and specifically Dubai, where the majority of development is currently being focused, is in the beneficial position of being able to start with a clean sheet and learn from the rest of the world.

"Local developers can plan land-use effectively, and together with experienced water-front development partners like IGY, tap into international experience and expertise to deliver a product that is unparalleled else where in the world."

'If one compares Australia's marina industry to that of Dubai, the sector here is under going huge transformation from small independent businesses to something much more professional and lucrative. Dubai has the benefit of being able to start off on a stronger footing."

"The exciting aspect of working with Middle Eastern developers is that they plan with foresight and are willing to heavily invest in infrastructure, ensuring that facilities exceed international standards. The region also attracts a large pool of international investors specifically looking for premium offerings like that of IGY's Anchor Marina on the Palm Jumeirah."


Bate says "Anchor Marina will be unique, with a high level of services available to the marina customers 24-hours a day, 7-days-a-week. Dock masters and managers will work around the clock to ensure that every boat owner is met at their car or boat at any time of day.

"The marina user is more demanding than ever before. They are looking for an active rather then passive facility that incorporates club houses, restaurants, cafes, a place where they can entertain, shop, or have a boat repaired or reconditioned - all with seamless ease."

This is the standard IGY is setting. They employ the best engineers who produce stunning designs and employ top class marina managers," says Bate.

Luxurious additions like LED illumination, underwater lighting, wireless internet connections and bespoke concierge services are part and parcel of IGY marinas and the Middle East's 'marina experience', driven by IGY.

Additionally, every cleat on the 582 berth Anchor marina is stainless steel and accessible via a 6m wide concourse. There will be 10 buggies on standby to allow easy access to yachts, 24-hours a day.

"Dubai real estate developers have had the foresight to see the potential to drive investment and tourism through waterfront facilities and they are doing this aggressively to keep up with and in fact exceed international and local consumer expectations," Bate adds.
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Notes and media contacts

ABOUT IGY

From the azure waters of the Arabian Gulf to the islands of the Caribbean and other beautiful yachting destinations around the world, IGY is redefining the very idea of luxury marina experiences.

IGY focuses on developing, acquiring, controlling and servicing luxury-yacht marinas and the surrounding upland real estate properties. The IGY management team has participated in the design, engineering and development of more than 300 marinas throughout the world and has brought new levels of technology, service and design expertise to the industry.

IGY operates the only mega-yacht facilities in the Caribbean and is currently developing additional mega-yacht marina properties in places such as Dubai's The Palm Jumeirah, Nassau, St Lucia, the British Virgin Islands, St. Maarten and Anguilla. In the Middle East IGY is headquartered in Dubai with dedicated marina design, development, engineering, management and marketing operations. This year IGY has launched two new marinas in Dubai and other major GCC projects will be unveiled soon.

Founded in 2005, IGY is headquartered in Fort Lauderdale, Florida with offices in New York and St. Thomas in the US Virgin Islands. IGY is an affiliate of Island Capital Group LLC, a real estate merchant banking firm led and founded by Andrew Farkas, the former chairman of Insignia Financial Group.

For more information please contact:

Asad Abbasi
T +971 4 369 8566
M +971 50 436 8618

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