Page 32 - March #170

DEVELOPER REVIEW | GV GROUP

Building Today

Shaping Tomorrow

Tarboul Industrial City, Egypt

GV Group began operations in 1994 and today continues to push the boundaries with a
vision of development and innovation across 13 subsidiaries that cover a variety of sectors
such as investment, industrial and real estate development. Here, RLI sits down with Sherif
Hamouda, Chairman of GV Group and Dr Mahmoud el Garf, Project Senior Advisor for
the Tarboul Industrial City project to discuss the evolution of the business and some of
their ongoing developments.

GV Developments was established in 2019 as a founding subsidiary of by GV Developments, including working on the development plan of
GV Investment Group and it is committed to establishing strong, stable one of, if not the biggest industrial zones in Egypt, Tarboul Industrial City.
and successful communities with life-lasting bonds. The company is “This will be the first green industrial city in Egypt and will be positioned
dedicated to providing the highest quality and latest technologies within over a space of 109 million square meters where every inch is designed
their developments all over Egypt. to cater for its purpose as a ‘multi-core’ city,” says Dr Mahmoud el Garf,
“Our vision is to bring alive our client’s aspirations of ultimate living Project Senior Advisor for the Tarboul Industrial City project.
with high-quality residential, leisure and commercial developments,” O ering a harmonised platform for sustainable production, smart
explains Sherif Hamouda, Chairman of GV Group. “As a group we logistics, modern business centres, interconnected commercial outlets,
focus on social, economic, and environmental welfare to provide an integrated accommodation facilities and inclusive social services, Tarboul
unmatched real estate experience. Our core focus is to enrich people’s Industrial City will be the ‘pivot’ that connects Upper Egypt and the
lives and aspirations, in order to contribute to a better tomorrow.” Golden Triangle project to the main economic centres of Cairo.
With a visionary approach of ‘unearthing Egypt’s hidden treasures’, The masterplan of this mega national project consists of industrial
and a diversified land bank that covers a plethora of locations across zones, logistics and dry port, o ce buildings, retail outlets and
Egypt, the projects of GV Developments cater to a wide-scale customer residential services, hospitals and education all combined with modern
base throughout various divisions such as residential, commercial, infrastructure facilities including conventional and renewable energy,
touristic and industrial and they are aimed at positively reflecting the industrial water & waste recycling, drinking water and sewage, gas supply
identity of the communities it develops to constructively impact the and ICT networks and services.
environment and the country at large. “Tarboul Industrial City focuses on improving the quality of life
A multitude of wide-ranging schemes are currently under construction and living standards of the Egyptian citizen and o ers businessmen
30 RETAIL & LEISURE INTERNATIONAL MARCH 2022