The FYDH International Yacht Club is hoping to attract yacht builders and investors in berths and club buildings, including restaurants, shops, and lounges. A yacht builder in Weihai is also seeking Western designers or design companies for new models. Part-time designers are also welcome. Interested yacht builders and investors may send an email to info@flanders-china.be for further information.

Ⅰ Project Introduction

Weihai is located at the eastern tip of the Shandong Peninsula, as well as in the center of Northeast Asia. It is China’s nearest city to Korea across the sea.

The Club is located in Weihai Rushan Silver Beach tourist resort, which is known as “China’s most beautiful coastline”, “the best beach of the world” and “Oriental Hawaii”.

The sea area of the project is 802,530 square meters, with a total building area of 145,000 square meters. The main constructions include 800 yacht berths – 180 berths for small yachts, 380 berths for medium-sized yachts, and 240 berths for large yachts – 137,000 square meters of membership clubs; 5,000 square meters waiting hall and commercial facilities; 3,000 square meters of training and maintenance base; a wharf of 3,000 tons; and a main breakwater of 1,629 meters, west breakwater of 230 m, and island breakwater of 311 m.

Ⅱ Project Advantages

The Rushan Silver Beach Tourist Resort, where the International Yacht Club is located, has three large beaches, which can accommodate 100,000 tourists. The golden coastline stretching 21.7 kilometers is appealing to tourists and is an ideal place for travel and holidays.

Rushan City, where the project is located, is in the central area of the three major coastal cities of Qingdao, Yantai and Weihai, with convenient sea, land and air transportation. It is the core area of the Blue Economic Zone of the Shandong Peninsula, the key area of cooperation between China, Japan and South Korea, the gathering area of emerging industries and the pilot zone of the innovative economy.

The market environment of the project is good, and competition from the same industry, substitutes or potential competitors is not very strong, so there are greater market development opportunities.

Fast growing China already has a considerable number of potential consumers. There are more than 400 yachts in the Weihai area alone with no place to dock. The project site has a vast sea area with industrial foundation of ship manufacturing and maintenance, and is very suitable for the development of the yacht economy.

The local government attaches great importance to the project and has formulated a series of preferential policies, which will provide strong support for the project.

Ⅲ Investment Estimate

The total investment of the project is estimated to be €83 million.