Its 12ha Tainan Anping Yacht City boasts almost 170 berths and a hotel resort operated by hospitality group Banyan Tree. Argo plans to build six more service apartment hotels and a commercial building in the vicinity.
“We picked Tainan as our priority investment because it has the best waters in Taiwan and you can yacht throughout the year,” said Owen Wang, the yacht operator’s deputy general manager.
He added that Tainan has the smallest tidal range in Taiwan, which makes it easier and more stable for boats to dock at marinas.
MULTI-MILLION DOLLAR INDUSTRY
Taiwan is the top yacht maker in Asia for manufacturing mega-yachts that are over 24m in length. In 2022, it exported US$260 million worth of boats.
Official data shows most of the vessels are exported to countries including the United States, Australia and Canada.
Now, Taiwan is actively promoting yacht tourism and hoping to transform its southern region into a regional pleasure craft hub.
Source: CNA
