Banque Misr Appoints GAT as Independent Valuer and Loan Supervisor for Andalusia Group’s New Healthcare Project in 6th of October City
May 2026

Global Appraisal Tech (GAT), a leading valuation and advisory firm regulated by the Royal Institution of Chartered Surveyors (RICS) and licensed by both the Central Bank of Egypt and the Financial Regulatory Authority, announces its participation in the signing ceremony of a syndicated financing agreement between Banque Misr, Banque Abu Dhabi Commercial Egypt (ADCB), the Arab International Bank (saib), and Andalusia Group for Medical Services.



The financing package, valued at approximately EGP 3 billion and more than USD 35 million with a tenor of up to 10 years, aims to support the development and equipping of a fully integrated hospital project in 6th of October City under Andalusia Hospitals Group.

The project is being developed over a total area of approximately 18,150 square meters, with a planned capacity of 225 beds and 50 outpatient clinics, reflecting the scale of investment and its strategic importance in supporting Egypt’s healthcare infrastructure and meeting the growing demand for high-quality medical services in West Cairo.

Under this agreement, GAT has been appointed as the independent engineering consultant on behalf of Banque Misr. The firm’s role includes monitoring project implementation progress, reviewing engineering and contractual documentation, and overseeing the alignment of financing disbursements with actual construction milestones and approved development phases.

GAT’s scope of work further includes ensuring that the allocated financing is utilized in accordance with the approved project plan, while verifying compliance with technical specifications, project timelines, and contractual obligations. Through its role, GAT contributes to enhancing transparency, strengthening governance frameworks, mitigating financial and operational risks, and supporting the efficient management of project resources throughout the development cycle.

This collaboration reflects the growing importance of integrating independent technical oversight within financing structures, particularly in large-scale healthcare developments where execution efficiency, governance, and sustainability are critical to long-term success.

The project aligns with Egypt’s Vision 2030 and the country’s broader strategy to strengthen healthcare infrastructure, accommodate population growth, and attract further investments into the medical sector. It also represents a significant contribution to sustainable economic development through job creation, improved quality of life, and increased investor confidence in the Egyptian market.

About Global Appraisal Tech (GAT):

Global Appraisal Tech (GAT) is a leading valuation firm registered with the Royal Institution of Chartered Surveyors (RICS) and certified by the Central Bank of Egypt and the Financial Regulatory Authority. GAT provides accurate, transparent, and internationally compliant valuation services that support strategic investment decisions and contribute to sustainable national economic development across multiple sectors.