Cairo: – GV Investments Group, one of the leading real estate developers, signed a strategic partnership with The Gulf Organisation for Research & Development (GORD) to cooperate for GSAS implementation in Egypt and to promote sustainable solutions. The strategic agreement was signed by Dr. Yousef Alhorr, founding Chairman of GORD, and Mr. Sherif Hamouda, Chairman of GV Investments Group, the signing ceremony took place at GORD headquarters in Qatar Science & Technology Park (QSTP).

Under the partnership, GORD and GV will work towards a range of initiatives aimed at accelerating climate solutions and promoting sustainable built environment in the Egyptian market, with focus on the implementation of GSAS in Tarboul City – Egypt’s largest industrial city.

Mr. Hamouda expressed his appreciation for the partnership, stating, “Green investment is one of our main goals that we aim to apply in Egypt, and having GSAS in Egypt is an added value for GV Group and Egypt. GORD will be our strategic partner for Tarboul Industrial City, which is a sustainable mega project in Egypt. We are happy to be part of this cooperation and we are confident that GORD’s expertise and experience in environmental sustainability will help us achieve our environmental goals and create world-class developments that are also ecologically responsible”.

From his side, Dr. Alhorr said, “Our partnership with GV Investments marks a significant milestone for GORD as we expand our GSAS green buildings rating system into Egypt. We recognize that addressing the region’s climate challenges requires cross-country collaboration and shared expertise. By working together, we can create a more sustainable future for the Middle East and North Africa region. Today’s partnership is a testament that we are committed to leveraging our joint strengths to deliver impactful solutions that address the unique needs of this region and contribute in achieving the sustainable development goals”.

Through the agreement, the partnering entities will collaborate on capacity building and knowledge sharing to encourage industry-wide transition to low-carbon solutions and green building practices. Additionally, GV Investments Group will work towards the adoption of GSAS as a green building standard in Tarboul Industrial City in Egypt, which will help achieving the cities environmental goals. The partnership between GORD and GV Investments Group is expected to pave the way for more collaborations in the future, enabling both organizations to make significant contributions to the sustainable development of their respective countries and the region as a whole.

Tarboul City project is the largest green industrial city equipped with the latest infrastructure and technology to be developed in the heart of the trade network in Egypt. Developed over an area of ​​109 million sqm, the industrial city is designed to cater to the needs of sustainable production; the mega development will be home to a variety of manufacturing plants, factories, warehouses, and other industrial facilities.

Since its inception in 2009, GSAS has become the fastest growing green building rating system in the Gulf region with more than 2000 registered projects covering a built-up area exceeding 2 billion square feet in Qatar, Kuwait and Oman. To mention a few, FIFA officially endorsed GSAS for all eight stadiums hosted the Qatar 2022 FIFA World Cup. Lusail City was the first to implement GSAS standards to assess and rate all developments in the city. Additionally, Ashghal has adopted GSAS for all public buildings in Qatar since 2010. From design, through construction to operations, Qatar Rail implemented GSAS’ unique Railways Scheme to rate all Doha metro stations.



Established in 2019, GV aims to leave a lasting impact with the largest land bank in the country. It also puts its clients at the forefront of its business with innovation and expertise in mind. Just as we build our projects to shine, we build our bridges with our people to last. The GV Investments Group has many real estate, industrial and services projects, most notably the “Tarboul City” project.

Its flagship project is Tarboul Industrial City which occupies a space of 109 million m2 (26000 acre). It is aimed at serving the purpose of sustainable production, ensuring accommodation for labor workforces and providing space for administrative affairs. It is a multi-core industrial city that combines an unprecedented mix of industrial activities, business services logistic centers and modern facilities, administrative, buildings, commercial outlets, labor housing, and social services matching the global standards.

About GV Developments

Founded in 2019 with a vision focused on social, economic and environmental enhancement; It sets its sights on becoming the main developer in Egypt.

Aiming to focus on sustainable real estate development, GV Developments has a diversified portfolio of projects in Cairo, Alexandria, Port Said, Tanta and the North Coast, and has a good portfolio of redevelopment projects in both modern and historical cities across the country.

Its projects vary between residential, commercial and industrial; It puts its clients first, with innovation and expertise in mind.

About Tarboul Industrial City

Spanning across a colossal 109 million square meters in Giza Governorate, Tarboul Industrial City stands as the largest smart and green hub in Egypt. Strategically positioned to connect Upper Egypt with other economic centers across the country, the city comprises a total of 12 industrial zones, catering to various industries, including medical, textiles, clothing, building materials, chemicals, and plastics. Alongside these industrial zones, the city features cutting-edge facilities for industrial production and logistics.

Tarboul Industrial City houses a vibrant mix of residential, commercial, and social services. The city also provides ample space for administrative functions, logistical operations, and commercial ventures.

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