Alain Khoueiry places boat production at the centre of an international initiative linking design, recreation and competitive water sports.
ALMATY, Kazakhstan — October 17, 2026 — iHolding Group, founded and chaired by Alain Khoueiry, is developing FERRELLI YACHT as an international marine business, with sports boat manufacturing in the United States and Kazakhstan, according to the group.
The initiative brings manufacturing into a wider strategy encompassing watercraft design, sales, customer support and sporting experiences. FERRELLI YACHT’s portfolio includes JetCars, speedboats, fishing boats, tenders, racing craft and yachts.
Connecting Design and Production Across Markets
Owned by iHolding Group, FERRELLI YACHT combines design and development activity in the United Arab Emirates with manufacturing in the United States and Kazakhstan.
The approach aims to connect product development with production capabilities and customer relationships across international markets. Its development priorities include distinctive watercraft, practical support and opportunities for customization.
For Khoueiry, the manufacturing initiative extends iHolding’s activities into a sector that connects industrial production with leisure, tourism and sport.
Supporting the Development of W1 Racing
According to iHolding, FERRELLI is manufacturing sports boats for the group’s W1 racing initiative.
The group has also announced the creation of W1 Federation, which it states is registered in the United States, with an inaugural event planned for 2027.
The W1 JetCar concept combines automobile-inspired styling with a water-based experience. Developing a competitive format around specialized craft creates an additional application for FERRELLI’s manufacturing activities, connecting products with organized sporting participation.
A Marine Brand with a Broader Purpose
FERRELLI’s strategy encompasses both recreational boating and the development of craft for sporting use. Its varied portfolio reflects an ambition to reach customers with different interests, from leisure cruising and fishing to performance-oriented experiences.
As the business develops, engineering, production quality, dependable service and customer support will be central to establishing the brand.
The marine initiative also complements iHolding’s waterfront destination interests, including the proposed Kaz Riviera development in Kazakhstan. Together, these activities connect the production of watercraft with places and experiences where they can be used.
Building for Long-Term Development
Through FERRELLI YACHT, Khoueiry is pursuing an international manufacturing business linked to the wider marine economy.
The objective is to develop lasting connections between design, production, recreation and competition, with manufacturing in the United States and Kazakhstan forming a central part of that ambition.
About FERRELLI YACHT
FERRELLI YACHT is a marine venture owned by iHolding Group. Its portfolio encompasses JetCars, speedboats, fishing boats, tenders, racing craft and yachts. According to the group, its activities include design and development in the UAE and sports boat manufacturing in the United States and Kazakhstan.
About iHolding Group
iHolding Group is a Kazakhstan-based investment and development group founded and chaired by Alain Khoueiry. Its activities span real estate, hospitality, tourism, infrastructure, technology, natural resources and international business development.
