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Mumbai Port to set up marina for yachts

Mumbai Port to set up marina for yachts
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Rajiv Gupta, Chairman of Mumbai Port Trust said the port plans to set up its first marina project to give the yacht owners a secure storage place, especially during monsoon.

The marina would be developed on the land-lease model and it is expected to come up on the northern side of the harbour waters, away from the Mallet Bunder.

The port authority plans to complete the project at an initial investment of around Rs 40 crore. The proposed marina would have parking space for 150 to 200 boats & yachts and, like its international counterparts, will have fuelling, repair & maintenance facilities. The project would provide a secure accommodation for yachts thereby preventing theft.

At present, boats floating around in the sea at MumbaiÂ’s Apollo Bunder are vulnerable to damage and also run a security risk.

The feasibility study for the project was conducted by VizagÂ’s International Maritime University recently. Its report was referred back and it was asked to find a suitable location for the marina.

Among other things, it would also encourage advancement of yacht clubs, throwing open the possibilities of shared ownership of assets.

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