Due to the hike in real estate investment opportunities in Egypt and to preserve investors’ rights, the British Royal Institution of Chartered Surveyors (RICS) approves a new batch of chartered surveyors during the last two sessions, Invest-Gate reports.

This is during the presence of Nicholas Talbot, CEO of the International Valuation Standards Council (IVSC), and Phil Witham, Development Director of RICS. This accreditation-certified legal surveyor inside Egypt is 67 international members.

Ahmed Ashraf Anwar, Chairman of the Egypt Advisory Board & MAP at RICS, indicates that membership in the institution can benefit Egypt’s construction and real estate development industry in several ways.

He clarifies that the institution works to promote and implement the highest professional standards in the development and management of land, real estate, construction, infrastructure, and evaluation. Also, it provides professional members and companies accredited by the institution with confidence in the industry.

Moreover, the corporation provides information, resources, and training to support professionals in using standards, while maintaining the application of the highest professional foundations and standards.

Ahmed Fathi, a member of RICS, says that obtaining membership contributes to gaining investor confidence and raising the transparency and quality index. The outcome is to help the industry gain confidence and raise its level among investors, which helps attract foreign investments. And it allows the industry to increase confidence in Egyptian real estate and export it.