Schneider Electric and Tatweer Misr: Partnership shaping future of real estate in Egypt

Schneider Electric and Tatweer Misr: Partnership shaping future of real estate in Egypt

The Egyptian real estate market has experienced remarkable growth in recent years and unprecedented urban development coupled with a focus on sustainability and digitization.

The government has set an ambitious target to double the urban area from 7% to 14% by 2052 with a strong emphasis on sustainable and smart solutions. As a result, smart cities have seen significant development.

Partnerships play a crucial part in accelerating digital transformation and sustainability in the local real estate market. The partnership between Schneider Electric, the leading company in the digital transformation of energy management and automation, and Tatweer Misr, a leading real estate developer, exemplifies the concept of Partnerships of the Future in the private sector. Both companies share a clear strategy and determined plan to expand the use of technology, achieve sustainability, and reduce carbon emissions. Aligning with its six long-term sustainability commitments that identify local partnerships as a key pillar, Schneider Electric aims to become the preferred digital partner for real estate developers seeking to use technology and achieve sustainability.

Tatweer Misr, on the other hand, is vocal about building smart, sustainable, and happy communities. Stemming from its belief that sustainability is no longer a luxury, but rather an urgent necessity, Tatweer Misr