The old one was closed last year for safety reasons.
The slipway will cost up to one-and-a-half million pounds, with funding coming from the proceeds from the sale of Elizabeth Hall, the county council, and other sources.
The new slipway is a key part of Exmouth's regeneration and is expected to attract boat users from outside the area.
North Devon house fire treated as arson
One person still missing
Cornwall charity is sending aid to hurricane victims
Teams help with devastation
Huge tuna caught off Devon breaks record
What a wopper!
Devon and Cornwall Police gets another bad report
Three out of three areas 'require improvement'
Fears for future of Torquay's custody centre
MP warns top cop about review
Will Barnstaple remain a port?
Boatowners weigh in on decisions
