Misr Italia Properties (MIP) has partnered with Etisalat Misr to implement high-tech communication and digital infrastructure at its integrated administrative complex in New Cairo, Cairo Business Park, Invest-Gate reports.
Under the deal, Etisalat Misr will present a diverse range of advanced technologies and up-to-date communication solutions at Cairo Business Park, providing clients with smooth and wide broadband Internet, paired with a well-established digital infrastructure, MIP announced in a press release on June 29.
All administrative units will boast high-speed Internet connectivity and data center and cloud computing technologies, in addition to VPN and IVPN services, coming as part of the developer’s eagerness to offer powerful business tools that facilitate communication transactions, the statement indicated.
“Through this partnership, MIP seeks to roll out Cairo Business Park as an integrated digital administrative complex, standing as the main provider of all technological services, along with catering to the increasing consumer needs, in compliance with top international standards,” said CEO of MIP Mohamed Hany El Assal.
On his part, Etisalat Misr CEO Hazem Metwally highlighted that the company is keen on open up new investment horizons with respect to smart cities and digital communities, in line with Egypt Vision 2030’s endeavors for real estate development.
Extending over 18 acres, and with investments valued at EGP 1.5 bn, Cairo Business Park will comprise 42 administrative buildings, coming with diverse facilities and services such as the 130-key Hilton Garden Inn Hotel, the Central Park overlooking a large lake, alongside the most advanced, expansive communications infrastructure and internet applications.