Privinvest is one of the top shipbuilding companies in the world, and its customers range from those who are involved in national defense to those who want naval vessels, such as yachts, designed and constructed for their own personal use.
Middle Eastern businessman Iskandar Safa co-founded the company with his brother Akram, and it is headquartered in their home country of Lebanon, in the city of Beirut. More than 2,000 of its ships have been delivered to the navy branch of the military, as well as to private customers. Read This Article for more information.
Iskandar Safa has been a part of the ship engineering industry since 1991, when he purchased a shipyard in Cherbourg, France that was going through some financial struggle. Iskandar Safa managed to turn the business around within 2 years, growing its profits and hiring over 500 employees to help with production duties. Aside from his water vessel operations, Iskandar Safa was earlier involved in international trade as a representative of companies in the west such as the U.S. defense contractor Northrop.
Iskandar Safa also invested in a European hotel chain with his brother and increased its profitability substantially. After graduating from the American University of Beirut, the skilled executive moved to Saudi Arabia to work at his father’s civil engineering business. While he was there, he designed and built a military academy that included an airstrip. The academy was to be named for the man who was the King of that country at that time.
Iskandar Safa has always been determined to succeed , and he has said that he likes taking on big challenges. While in his youth, he was an Olympic discus throwing champion. He was also wounded in his stomach during the civil war that took place in his country years ago, but after he recovered, he continued to persistently pursue his entrepreneurial endeavors. He is now one of the wealthiest people in Lebanon.