Qatari investment agents met with President of Guyana, Dr. Mohamed Irfaan Ali on Tuesday afternoon. The Office of the President said they advanced discussions on investment opportunities in Guyana.
Representing the Qatar Investment Mission were high profile executives of Power International Holding, a diversified Qatari conglomerate involved in general contracting, industries and services, agriculture and food industries, real estate and lifestyle (including hospitality, entertainment and catering).
Power’s Group Chairman, Moutaz Al Khayyat is also Chairman of the globally prolific building and contracting company, UrbaCon Trading & Contracting, as well as Founder Partner and Chairman of Baladna Food Industries, a Qatari agricultural business for which Power is the parent company.
Accompanying Power’s Chairman was Group Chief Venture Officer, Ali Kazma who founded multiple international entertainment concepts, including Kidzmonda Doha and the Doha “nature wonderland” called Baladna Park.
Power’s Chief Business Development Officer, Mazen Alsbeti, who holds directorships in several companies, was also present. These executives were joined by Qatar envoys, George Hallaq and Andrew Hallaq.
Accompanying Ali for the Guyana government were Vice President Dr. Bharrat Jagdeo, Ministers with responsibilities for business and infrastructure, Guyana’s Investment Chief Dr. Peter Ramsaroop and the President’s Director of Projects, Marcia Nadir-Sharma.
Qatar’s involvement with the Ali administration goes back very early into its term in 2020. The country has aided Guyana in its fight against the COVID-19 pandemic. They also identified areas for collaboration across multiple sectors.