GV Investments signs an agreement with Taqa Arabia, a subsidiary of the Citadel Capital to launch Tarboul Infra company to develop, design, build, and operate the infrastructure and utilities of Tarboul Industrial City, Invest-Gate reports.

Sherif Hamouda, Chairman of GV Investments, notes that cooperation with Taqa Arbia is an important step in completing the infrastructure of Taboul City.

He adds that Tarboul Infra will be responsible for developing all utilities for Tarboul Industrial City, including electricity, water, and gas.

Tarboul Industrial City is located in Giza Governorate on an area of 109 mn sqm.

The city features a series of various industrial activities, commercial outlets, logistical facilities, modern services, and administrative buildings, in addition to a residential area for the city’s workforce and areas for social and educational services.