NEOM and MB92 Group, a leading superyacht maintenance company, have inked a partnership to establish a 10,000-square-meter repair facility for yachts at NEOM’s luxury island and Sindalah, a yachting destination at Red Sea.
The partnership aligns with the imminent opening of Sindalah during 2024 and will be the first of several yacht repair centers in NEOM, responding to the anticipated growth of visiting and resident yachts, in the region in the coming years.
The new facility will provide yacht owners traveling to the Red Sea with access to MB92 Group’s experience in addressing the intricate repair demands of yachts and superyachts.
It also mirrors NEOM’s vision of building a maritime destination in the region, with both partners committed to offering dependable, efficient, and sustainable solutions for maintenance or repair requirements. As such, the construction of the new center will prioritize sustainable development within its design, processes, and equipment.
Aayush Killa, NEOM Islands executive director, said: “Teaming up with MB92 Group reflects our commitment to becoming a distinctive yachting destination. This venture embodies our dedication to delivering world-class infrastructure and services to support yachts visiting the Red Sea.”