Presentation ahead of this year's Palma Boat Show.

25-04-2017Teresa Ayuga

The 34th Palma Boat Show starts on Friday and runs until 2 May. There will be 224 exhibitors and 220 yachts and boats on the sea. The area for the show at the Moll Vell has increased to accommodate a ten per cent increase in the number of exhibitors and a 20% rise in the number of boats.

Iago Negueruela, the Balearic minister for employment, trade and industry, says that this year's show will be displaying the latest trends in yachting and maintenance as well as nautical services. He describes the show as an example of public-private collaboration between the government and the nautical sector and as an event at an international level for the industry, nautical tourism and the thousands who visit the show each year.

The managing director of the Institute for Business Innovation, Nuria Hinjosa, points to the importance of the investors' forum which will take place during the show, while the president of the Balearic association of nautical businesses, Jaume Vaquer, stresses the importance of the show for the sector.

The investors' forum will be on Friday and bring together more than 40 potential investors and start-up businesses. There will also be an area (Marina Tradicional) for traditional boats, the Superyacht Show featuring 67 yachts with an average length of 37 metres and the Repair & Refit Show, highlighting maintenance, repair and modernisation of superyachts.

The Night of the Sea will be on Saturday evening until 11pm. Exhibitors will be holding parties, dinners and concerts as well as staging fashion shows.

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Julian Simms / Hace over 4 years

Successive local governments have done their best to hinder and destroy the yachting industry, not help it.

If it weren't for the mainly foreign entrepreneurs, it would died a death a long time ago.

But, as they say, a photo opportunity is always a photo opportunity.