GAT Contributes to Strategic State Asset Valuation in Support of Egypt’s Sovereign Sukuk Program

In coordination with the Ministry of Finance, GAT conducted the valuation of a 174.4 million m² strategic land in Ras Shukeir, supporting Egypt’s efforts to diversify funding and enhance asset governance through the Sovereign Sukuk Program.

Global Appraisal Tech (GAT) is proud to have played a key role in the valuation of a strategically significant, state-owned land parcel located in Ras Shukeir, Red Sea Governorate, covering approximately 174.4 million square meters. This valuation formed an integral part of Egypt’s Sovereign Sukuk Program, a national initiative aimed at diversifying financing tools while preserving state ownership of assets.

The assignment was conducted in close coordination with the Supreme Committee for State Asset Valuation at the Ministry of Finance, aligning with the Egyptian government’s broader strategy to reduce public debt, enhance financial transparency, and strengthen governance standards.

As a firm registered with the Royal Institution of Chartered Surveyors (RICS) and certified by both the Central Bank of Egypt and the Financial Regulatory Authority.

GAT is honored to have supported this important step toward sustainable fiscal policy. Our contribution reflects our ongoing commitment to independence, professionalism, and the optimal use of public assets in service of national development goals.