Chinese Superyacht Growth

As part of its ongoing venture of building superyachts in China the Megyacht Group LLC (MYG) has set up Wuhan Megayacht Manufacturing Ltd. This project is understood to have a 15 year time span and will involve an investment of RMB3 billion (US$404 million) to create some 2,000 jobs building yachts of 18m to 68m in length.