Saudi Arabia’s $500 billion futuristic city, NEOM and the leading superyacht maintenance company, MB92 Group, have harnessed a partnership to establish a 10,000 square-meter repair facility for yachts at NEOM’s luxury island and yachting destination on the Saudi water of the Red Sea, Sindalah.
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 travelling 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.
Pepe García-Aubert Chairman – MB92 Group
“We are extremely excited to be a part of the remarkable NEOM project and embrace the opportunity that this partnership represents. We envision this as merely the beginning of a lasting and meaningful collaboration, allowing us to provide the local yachting community with a world-class refit and repair service in this incredibly beautiful region with so much to offer.”
NEOM Islands’ Executive Director, Mr. Aayush Killa, said that “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.”
The repair center will commence operations with a comprehensive repertoire of services including onboard electrical, mechanical, and hydraulic system repairs. The center will be capable of welcoming yachts of all sizes for in-water works and will extend its expertise to vessels of up to 40-meters in length for drydock operations.
