Bishkek, Oct. 10, 2022 / Kabar /. Minister of Foreign Affairs of Kyrgyzstan Jeenbek Kulubaev, as part of his official visit to the State of Qatar, met with Chairman of the Qatari company Power International and UCC Holding, Mutaz Al-Khayat.
The Ministry of Foreign Affairs of the Kyrgyz Republic said that Mutaz Al-Khayat introduced the company's activities in the following areas: construction, hotel business, food, entertainment and services.
The sides discussed the prospects for cooperation, in particular in the field of tourism, including the construction of hotels and entertainment centers, agriculture, as well as promotion of Kyrgyz products on the Qatar market.
Taking into account the large hydropower potential of Kyrgyzstan, the head of the Qatari company expressed great interest in the construction of hydropower plants. In this regard, Kulubaev invited Mutaz Al-Khayat to Kyrgyzstan to continue discussing investment and other projects.
In turn, Mutaz Al-Khayat, expressing gratitude for the interest in cooperation with Power International and UCC Holding, assured of his readiness for further practical work.
For reference: Power International Holding is a conglomerate founded by Mutaz Al Khayat and Ramez Al Khayat. The group's portfolio includes five main sectors: construction; real estate; agriculture and food industry; entertainment and hospitality; provision of services (service sector). Power International Holding owns subsidiaries, among which UCC Holding is a construction company (construction and infrastructure). This company has implemented such large-scale projects in Qatar as Mall of Qatar, Banana Island, Lehwiya stadium, Doha Sheraton hotel and convention center. Among his international projects is the luxurious Waldorf Astoria hotel in the Maldives. More than 65 thousand people work in the group of companies.
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