One of the world’s premier boat and yacht manufacturers, Gulf Craft, is marking 20 years of its operation in the Maldives which has played a pivotal role in developing the marine transportation network of the island nation.
Gulf Craft provides almost 80% of the Maldives’s water transportation services which
includes public transport, coast guard, emergency & ambulance services, resorts,
and leisure boats. With a strong and established presence in the country, Gulf Craft
is now developing a new production facility dedicated to the manufacturing of
vessels for use in the Indian Ocean which will see its operations and production
capacity double within 16 months.
In early 2021 the shipyard was awarded a government contract, thru MTCC, to
manufacture a fleet of specially designed high-quality speed boats for use across the
Integrated National Public Ferry Network. The new speed boats will offer a
convenient and efficient transportation system to all administrative islands of the
Maldives, with capabilities to transport up to 53 passengers at a time and will
connect the capital city to nearby islands. The vessels will be equipped with special
packages for passengers travelling in emergency situations and will include access
for stretchers and people with disabilities. The public transportation project is one of
the largest government initiatives and will contribute to connecting the various
islands of the Maldives upon completion.
Gulf Craft’s Chairman, Mohammed Hussein Alshaali, said: “The Government of the
Maldives and its people have constantly been a beacon of support since the
establishment of our operations without whom this remarkable feat would not be
possible. We are grateful to the Maldives for entrusting Gulf Craft with projects that
have played a part in the growth of the nation over these twenty years. The Maldives
is our first international destination, where we have built in-country competencies by
leveraging the opportunities that the country provides for the marine and tourism
sector. With the doubling of our production capacity and the new training facility we
hope to serve the local community even better through the creation of new job
opportunities and in further boosting tourism.”
Gulf Craft established its operations in the Maldives with a 100,000 square foot
manufacturing facility that has produced top-quality pleasure boats and rapid
transport vessels. Gulf Craft is now focusing on further expansion of its operations in
the Maldives to support the government’s strategy to strengthen the tourism sector.
This will be driven by doubling its production capacity in the country and by giving
back to the community through the new training facility for captains and crew.
Last year Gulf Craft announced that it will invest in a strategic development in the
Maldives named ‘Gulf Lagoon’. The project will feature a state-of-the-art
manufacturing facility, a marina for seafarers and live-aboards, a maritime school
offering captain/crew training for young Maldivians, and a resort, among others.
Founded in the United Arab Emirates in 1982, Gulf Craft has over 1000 employees
across its three facilities in the UAE and the Maldives and has a manufacturing
capacity of 200 boats per year. The company has built more than 10,000 boats
already, serving clients around the world.
