Honeywell signs MoU with Egyptian developer ROCC for its pioneering sustainable community

Honeywell signs MoU with Egyptian developer ROCC for its pioneering sustainable community

CAIRO, Egypt - Honeywell (Nasdaq: HON) and Egyptian developer Redcon for Offices and Commercial Centers (ROCC) have signed a Memorandum of Understanding (MoU) that outlines plans to incorporate advanced smart community and sustainability solutions at Golden Gate, the developer’s pioneering project in New Cairo.

The MoU provides a framework for collaboration between the companies, and paves the way for Honeywell to provide smart city, community and sustainability solutions along with consultation services for Golden Gate; ROCC’s first mixed-used development, which will become Egypt’s benchmark for smart communities.

“Honeywell is proud to collaborate with ROCC to help set the standard for smarter and more sustainable communities in the important market of Egypt, while supporting the government’s plans to enhance urban living,” said Ahmed Saleh, business director, Honeywell Building Technologies, North Africa. “We look forward to working with ROCC on making the Golden Gate project a reality and create an example for future communities in the region.”

Ahmed Abdallah, Vice Chairman of ROCC said: “Golden Gate is a critical project as it will set a benchmark of more sustainable communities. We want to collaborate with the best technology providers for smarter solutions incorporated in the project. We’re excited to explore this potential with Honeywell to