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Egypt Report
Marcopolis presents the Egypt Report focused on investments, doing business, economy, stability and security and other topics featuring interviews with key executives and business leaders. The sectors under review are industry, construction, tourism, logistics and others.
VideosApril 13, 2022
Tarboul City: A 109 Million Square Meter Industrial Park and Industrial City Project in Egypt
- Written by Sandra Francisco
- Published: April 13, 2022
Sherif Hamouda, Chairman of GV Group, gives an overview of Tarboul City project, the first green and smart industrial city development project in Egypt.
"Tarboul is a city. We started preparing the project six or seven years ago. The project is a 109 million square meter industrial park and industrial city. We worked hard to obtain all the environmental and industrial licenses. The project is located in a very unique location. It is 30 kilometers outside of Cairo, 70 kilometers away from New Cairo, and 65 kilometers from the east of Cairo. The location is perfect over the Nile River and is bordered by the North, Middle and South which makes it a prime location. The design of a master plan for such a project was not easy. We had many engineers, architects, and experts working with us. We managed to create a design and a business model that are different. When discussing with our partners about the future of this project, we decided that Tarboul City would be a green, smart, livable, industrial city. The location is already green. Smart is the future so we are preparing a data center and more to make this a smart city. It is also important to make the city livable since livability is one of the biggest problems in Egypt. One of the biggest problems in Egypt is traffic. We designed this city so everyone from workers to high end will be accommodated. Finally, it is an industrial city. At Tarboul, we have 12 industrial parks with different conditions and zones with different regulations, etc. Now, we have the final master plan with more than 150 factories already booked. We have many countries that want to move factories to our facilities in Tarboul to be in a big market like Egypt and Africa. It is a very good sign that we are going the right way", says Sherif Hamouda.
MORE CONTENT
INTERVIEWS:
• Real Estate and Construction in Egypt: Sherif Hamouda Discusses Upcoming Developments
• Tarboul Industrial City: The Smart and Livable City, in Line with Egypt’s Pledge as Part of COP 27
VIDEOS:
• Tarboul City: A 109 Million Square Meter Industrial Park and Industrial City Project in Egypt
• GV: Sherif Hamouda Shares his Assessment of the Real Estate and Construction Sector in Egypt
• Tarboul Industrial City: Discussing Projects for a Greener Economy with GV Developments
• GV Developments Presents Tarboul: Egypt’s Industrial City in Line with COP 27 Ambitions
• Ahmed Hamouda Presents Tarboul: The First Industrial City in Egypt to be LEED Certified
COMPANY NEWS:
• GV and Amarenco Solarize Sign Agreement to Implement Clean Energy Systems in Tarboul City
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