The Gulf Organization for Research & Development (GORD) and the GV Investment Group signed a memorandum of understanding (MoU) to cooperate in applying the standards of the Global Sustainability Assessment System (GSAS) and promoting sustainable solutions in Egypt.

Founding Chairman of GORD Dr. Yousef bin Mohammed Alhorr and Chairman of the GV Investment Group Sherif Hamouda signed the agreement at the GORD’s headquarters in Qatar Science and Technology Park.

Under the MoU, the GORD and the GV Group will cooperate in several areas aimed at accelerating climate action and promoting a sustainable urban environment in Egyptian society, with a focus on applying the GSAS standards in the city of Tarboul, the largest industrial city in Egypt.

Dr. Alhorr said the partnership represents a milestone for the GORD as it seeks to spread green building concepts and expand the scope of work with the GSAS system in Egypt, pointing out that facing climate challenges in the region requires diligent cooperation and exchange of common experiences between countries, institutions and stakeholders.

For his part, Hamouda said that investing in sustainable projects is one of the group’s main goals in Egypt, and adopting GSAS standards and applying them in projects is an additional value for the group in particular and for Egypt in general. He added that the GORD will become a strategic partner for the industrial city of Tarboul, pointing out that the partnership with the GORD in the field of environmental sustainability will help the GV group achieve climate goals and establish world-class sustainable real estate projects.

The Global Sustainability Assessment System (GSAS) was established in 2009 and is a green building certification system developed for GCC countries.

GORD is a non-profit organization spearheading MENA region’s sustainability milieu. Headquartered in Qatar Science and Technology Park, GORD drives the transformation of societies, industries, and the built environment by influencing corporate ethos, fostering innovation, and developing capacity to enable low-carbon sustainable growth for present and future generations.

Source: Qatar News Agency