GV Investments, GIG Egypt Pen MoU to Offer Insurance Services for Tarboul City

GV Investments, GIG Egypt Pen MoU to Offer Insurance Services for Tarboul City

GV Investments signs a memorandum of understanding with GIG Egypt through the brokerage of Lockton Insurance Brokers – Egypt to cover all insurance services for The Industrial City of Egypt, Tarboul, Invest-Gate reports.

Chairman of GV Investment, Sherif Hamouda, states that the agreement comes in the context of securing all services for Tarboul city, including universal insurance.

He adds that GV Investment seeks cooperation with major companies in all fields to ensure high efficiency and quality for the project’s operation and management.

For his part, the Managing Director of GIG Egypt, Alaa El-Zoheiry, notes that a working group of GIG, GV Developments, and Lockton to identify the insurance needs of Tarboul industrial city and offer insurance products tailored for the requirements of investors.

El-Zoheiry reveals that GIG Egypt plans to open a branch in Tarboul to serve its customers.

Situated over 109 mn sqm, Tarboul is a multi-core industrial city that combines an unprecedented mix of industrial activities, modern services, logistic facilities, administrative buildings, commercial outlets, workforce housing, and social services.

The city is owned by GV Investment and the General Authority for Construction and Housing Cooperatives.

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