For 20 years Privinvest has been building some of the most advanced ships in the world. The firm is noted by industry observers for its leading-edge technological configurations that leverage everything from the latest software and electronics to highly innovative robotic aluminum hull construction techniques.
Privinvest fest was founded by Iskandar Safar and his brother Akram Safar in the early 1990s. Iskandar Safar purchased the Constructions Mécaniques de Normandie shipyard in Cherbourg, France. It was a time when the company was in dire financial condition. Mr. Safar was able to turn the company around, however. Within two years, Privinvest was thriving. Today the company employs more than 400 people and has built thousands of ships for customers worldwide.
Privinvest builds military and commercial vessels along with superyachts for private buyers. It has gained world renown for constructing some of the biggest and most advanced yachts in the world, including the TAHOOSH, the YAS and Sailing Yacht A. The latter three vessels are considered unparalleled achievements in yacht design and construction.
World governments around the world call upon Privinvest to build advanced naval ships that incorporate the super high technology necessary to conduct modern defense and warfare operations. The company has supplied ships to 40 navies, including NATO.
A major trend in naval vessels today is a strong demand for littoral ships designed to patrol coastline regions. Privinvest is well-known for its superior design of the patrol corvette class of ship. These vessels are noted for their agility and stealthy surface combatant capability that makes them a force to be reckoned with in defeating anti-access and asymmetric threats in littoral waters.
Privinvest also builds a state-of-the-art intercept boat called the WP18 Advanced Interceptor. It is the fastest vessel of its kind on the market today. It carries the highest level of armament integration for a vessel of its size.
In addition to ships, Privinvest builds “turnkey” integrated surveillance and protective systems designed for use along coastlines.
Privinvest maintains shipyards in several European locations, including the United Kingdom, France and Germany. It also has facilities in the Middle East. Iskandar Safar is a native of Lebanon.