Egypt’s Tatweer Misr invests $237mln in smart solutions within its projects

  • Date: 23-Sep-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:Egypt
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Egypt’s Tatweer Misr invests $237mln in smart solutions within its projects

Egypt - President and CEO of Tatweer Misr Ahmed Shalaby stated that the company invested EGP 4.5bn in smart solutions within its projects, including remote sense lighting poles, water and irrigation networks that operate at specific times, and triple play services. Besides, the company offers smart meters to help customers monitor water and electricity consumption in their units.

Shalaby added: “The Company applies the concept of happy communities in all its projects. This concept addresses the five senses of human beings, and we add to it a sixth sense, which is technology, which enables residents to feel well-being, comfort and safety, and this environment stimulates a general feeling of happiness. Accordingly, happy cities are also a center for creativity, innovation and social entrepreneurship.”

He explained that the most prominent contracts in technological solutions were made with Huawei Technologies Egypt, which will provide sustainable and smart city solutions so that the benefit of Huawei networks that rely on the Internet of Things (IoT) is achieved in all of the company’s projects, starting with sensor applications, Data analysis software, artificial intelligence, and renewable energy to infrastructure.

Moreover, a single data center will also be established for all Tatweer Misr projects, which will allow the company