The Palma International Boat Show opens its doors and inaugurates the nautical season in the Mediterranean

The President of the Government, Francina Armengol, together with Vice President Juan Pedro Yllanes, highlighted “the importance of this strategic sector” for the Balearic Islands.
This is the fair of reference for the start of the nautical season with 271 exhibitors and more than 600 boats

The Palma International Boat Show opened its doors this morning and was visited by the main authorities of the Balearic Islands, headed by the President of the Government, Francina Armengol, and the Vice-President, Juan Pedro Yllanes.

The fair is organised by the Vice-President’s Office and the Ministry of Energy Transition, Productive Sectors and Democratic Memory, through the Balearic Islands Institute for Business Innovation (IDI) and the Balearic Yacht Brokers Association.

With this edition, it has established itself as one of the essential fairs at the start of the nautical season, as evidenced by the participation figures, with 271 companies and some 600 boats on display (more than 250 at sea), spread over a fairground of 81,000 square meters.

One of the clearest vocations consolidated at the fair is the presentation of innovations related to sustainability. In addition to sailing boats, which represent the most sustainable sailing option, more and more companies are striving to find new products that are more respectful of the environment, aware of the need to protect the marine environment.

This fact has been highlighted by the President of the Government, Francina Armengol. “There are more and more companies linked to sustainable industry. The blue economy is one of the most important sectors in these islands and one of the ones we most encourage as a government. We want to be a benchmark in the Mediterranean in terms of decarbonising the sea,” said Francina Armengol.

Strategic sector

The nautical sector has a turnover of around 966 million euros a year and employs more than 5,000 people.  The Vice President stressed that “the marine industry is a strategic sector for the industry and economy of our islands and this fair is a benchmark for the Mediterranean. Thanks to this sector we diversify the economy. That is why the Government has included it in its economic diversification strategy. Yllanes also thanked “the effort of the sector to incorporate the climate and sustainability perspective, essential aspects to continue enjoying these islands”.