STATEMENT: Qatari Power International Holding organizes the opening ceremony of a tourist center in Guyana

(Information sent by the signatory company).

STATEMENT: Qatari Power International Holding organizes the opening ceremony of a tourist center in Guyana

(Information sent by the signatory company)

- Qatari Power International Holding hosts opening ceremony for major tourism and convention center in Guyana

Georgetown Seafront Resort is a $300 million development that will add 410 five-star rooms and conference facilities that will increase Guyana's competitiveness in hosting conferences.

The resort's strategic location on Carifesta Avenue along Georgetown's picturesque waterfront stands as a harmonious blend of contemporary elegance and rich cultural essence.

GEORGETOWN, Guyana, Feb. 20, 2024 /PRNewswire/ -- Power International Holding (PIH), a Qatar-based global investment conglomerate, held the groundbreaking ceremony for the Georgetown Seafront Resort and Convention Center, a premium development of its subsidiary Assets Group, the hotel management and development arm.

The event was held under the patronage of His Excellency the President of the Cooperative Republic of Guyana, Dr. Mohamed Irfaan Ali, in the presence of dignitaries from various sectors, including tourism, hospitality and investment, in parallel with the Conference Guyana Energy and Supply Chain Expo 2024

From Power International Holding, the ceremony was attended by: Moutaz Al-Khayyat, president; Ramez Al-Khayyat, vice president, president and CEO of the group, and Abid Butt, CEO of Assets Group, a subsidiary of PIH.

The 76,000 square meter property is a $300 million development that will feature 260 luxurious rooms and suites and 150 serviced apartments, some of which will be branded residences and premium villas, along with an exclusive members club.

This project will significantly increase Guyana's competitiveness as a major conference destination.

His Excellency the President of the Cooperative Republic of Guyana, Dr. Mohamed Irfaan Ali, welcomed Qatar's presence in the country and expressed confidence that this event would be a distinctive milestone for Georgetown. He pledged his support for the project.

Moutaz Al-Khayyat, Chairman of Power International Holding PIH, expressed great enthusiasm for the opening of the Georgetown Seafront Resort and Convention Center. This gem promises to redefine luxury in Guyana's burgeoning tourism sector. Every aspect of this resort is a testament to unparalleled elegance, thanks to its meticulously designed accommodations and world-class services that are set to elevate Guyana's hospitality scene.

Ramez Al-Khayyat, Vice Chairman, President and Group Chief Executive Officer of Power International Holding PIH highlighted the celebration as the beginning of promising investments in Guyana in vital sectors such as tourism, healthcare and infrastructure development. He expressed his delight in supporting Guyana during this transformative era.

Read the full article at: https://powerholding-intl.com/2024/02/18/power-international-holding-hosts-the-groundbreaking-ceremony-for-a-major-resort-and-convention-center- in-guyana/

Photo - https://mma.prnewswire.com/media/2342832...

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