Given the good demand for yachts in the local market, manufacturing them in the country would be better than importing them, a Qatari entrepreneur told local Arabic daily Arrayah. "I have set up my factory on leased land after getting the license," Saleh Ali al-Mohannadi explained. He is awaiting allocation of land to set up a permanent facility to make yachts. As much as 70% of the raw materials could be locally procured, according to him. This includes iron, leather and fibreglass from local factories, whereas engines, air conditioners and marble are imported. "The cost of a yacht varies according to the customer’s specifications, in terms of design, speed, and number of engines, area,
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