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[BUSINESS] · Brazil · 2 sources

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Azimut Yachts begins construction of 30-meter megayacht in Brazil

Azimut Yachts has begun construction of the first Azimut Grande 30 Metri megayacht at its factory in Itajaí, Brazil. This project is part of a R$ 120 million investment cycle planned by the company in Brazil through 2028.

The investment includes expanding the manufacturing facility to 65,000 square meters and integrating new technologies to prepare for the serial production of larger vessels. The first 30-meter unit, valued at over R$ 90 million, is scheduled for delivery in 2028. This facility remains the brand's only owned shipyard outside of Italy.

Entities

Azimut Yachts · Camorim · Estaleiro Detroit · Itajaí