Privinvest, a world leader in ship production, is active in more than 40 countries in Europe and the Arabian Gulf. Privinvest’s ships include naval vessels, mega yachts, commercial vessels as well as surveillance systems. Staff are uniquely qualified and have produced many well recognized ships. Innovative technology makes Privinvest a leader in its field. Aside from its many private customers, many major NATO and non-NATO navies are among its clients.
Privinvest was founded by Iskandar Safa and his brother more than 20 years ago. Safa was born in Beirut and was educated there where he received a degree in civil engineering in 1978. He graduated from ISEAD in France with a Master degree in Business Administration in 1982. He comments that his family home was not far from the sea, and he always had a passion for naval construction.
Together with its involvement in ship building, Privinvest is active in relation to environmental projects, focusing on Marine Renewable Energies, including the hydrokinetic and turbine industries. Marine energy is the energy carried by ocean waves and tides and temperature differences, creating a vast store of energy in motion. Since oceans are close to many concentrated populations, ocean energy has a real potential for suppling renewable energy.
In 2017 Privinvest revealed its luxury Sailing Yacht A, one of the largest and most luxurious sailing yachts in the world, designed by Philippe Starck and including 8 decks. The yacht won the Sail-Assisted Motor Yacht category in 2018 at the World Superyacht Awards.