GV Investments Group signs a strategic partnership with The Gulf Organization for Research & Development (GORD) to cooperate with the Global Sustainability Assessment System (GSAS) in Egypt and to promote sustainable solutions, Invest-Gate reports.

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

Moreover, the agreement includes collaboration on capacity building and knowledge sharing to encourage the 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 achieve the city’s environmental goals.

Sherif Hamouda, Chairman of GV Investments, notes: “Green investment is one of the 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.”

For his part, Yousef Alhorr, founding Chairman of GORD, comments: “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.”

Situated on 109 mn sqm, the Tarboul City project is the largest green industrial city equipped with the latest infrastructure and technology to cater to the needs of sustainable production.