Doha, Qatar, January 19, 2015 --(PR.com
)-- Moataz Al Khayyat, Chief Executive Officer of LBDI, stated: “LBD-Investments of Doha, Qatar require the continued support of seven subsidiary companies, of which Credo Interiors is the fastest growing. I am confident having witnessed the sustained growth in the number of construction projects within Qatar that there are good margins to be captured. Currently the retail market is in breakout growth, so we expect profits for companies under the LDBI umbrella to be on target.”
“Credo Interiors is a fine illustration of a company engrossed in the rapid transformation of Qatar and in particular the flagship city of Doha. The employees of Credo and holding company LBDI have set the bar high and are experts in relentlessly exploiting emerging gaps within the construction market, offering luxury Italian kitchens, bathrooms, furniture, lighting and custom wall coverings.” Projects CREDO has been involved with include: Banana Island Resort and the Orient Pearl restaurant both located in Doha, the 5-star Majlis Boutique Hotel of Luna Island Kenya, as well as a surplus of sprawling private residential palaces.
LBD-Investments Managing Director, Moataz Al Khayyat, noted the key focus of his team is to investigate splinters of the Middle Eastern Construction Market and offer an end-to-end service for its clients by filling these gaps. This means the holding company can control all factors of a project and confidently build long lasting relationships with investors who in turn feel comfortable at every stage of a development.
Companies of LBD-Investments
LBDI has shown positive results already by recruiting the services of an Italian generator and substation specialist previously limited in its export scope to the nations of South Africa and Asia. Mr Al Khayyat highlighted: “We started working with them around 1 year ago and they have since shown the level of professionalism and consistency we necessitate. This allows for me and my portfolio of companies to work efficiently and without uncertainty or hesitation.”
Moataz Al Khayyat, explains: “LBDI supports our sister companies with all its building materials, focusing first on the finishing materials, but potentially also raw materials in future.” The latest company on the books of LBDI is named Fibro which produces glass-reinforced concrete (GRC) and glass-reinforced plastic (GRP). “GRP is like GRC, but it is a little stronger and more aesthetically pleasing and you can produce a wider range of forms with it. This type of material is often seen in theme parks where by all curved elements and sculptures are made from GRP – you could even make a boat or car body from this type of substance.”
Moutaz Al Khayyat's portfolio of construction projects:
Mr Moataz Al Khayyat’s company has some 20 construction projects underway in the Doha region in Qatar, with a total workforce of about 10,000 workers. KCT recently launched the Al Khayyat Academy for Training, a facility to train construction tradesmen and unskilled laborers, as well as foremen and supervisors in 10 trades.
CEO Mr. Mohamed Moataz Al Khayyat | Moataz Al-Khayyat | Moutaz Al Khayat | Mohamed Moataz Al Khayat | Business Portfolio:
LBDI & subsidiary CREDO Trading – Doha, Qatar
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