French shipyard La Ciotat Shipyards that had started global re-industrialisation project at their refit hub in 2017. The project has already reported investment of approximately € 100,000,000 from private funds. Meanwhile, the yard has recently announced a tender on allocation of 19 premises within its Yachting Village, to be completed by 2020 as a significant highlight of the development course.
La Ciotat Shipyards, formerly known as SEMIDEP-Ciotat, is now considered among European leaders in yachts refit and repair, reportedly holding from 8% to 10% of the global market. In 2017, LCS launched broad expansion programme of the hub, with works starting in the third quarter of 2019.
Alongside the structural investments planned for the site (including works on megayacht platform and a 4,000-tonnes shiplift), La Ciotat Shipyards launched restructuring and commercialising project on new 12,000 m2 premises within Yachting Village in the beginning of 2019. The area will also be designed to accommodate yachting companies in the heart of the harbour.
Meanwhile, the proposed premises shall correspond to the first and second phases of the scheduled works, as of below:
- 2019: Demolition of the old welding school and reconstruction of 2,000 m2 of floor space.
- 2020 – 2021: Construction of the centre island.
- 2023: Construction of 2,800 m2 workspace for tertiary activities.
- 2024: Development of the area situated at the shipyards’ entrance and construction of 1,200 m2 of premises.