Mountain View has signed a strategic cooperation agreement with Huawei Technologies to develop information technology (IT) infrastructure at its “iCity” projects in east and west Cairo, with investments exceeding USD 1 mn (EGP 15.8 bn), Invest-Gate reports.
Under the deal, Huawei will build ready-made data centers connected to high-speed internet, consisting of a central control room, cameras, and gates throughout the project to provide privacy and security to residents, according to the company’s statement on December 29.
Huawei will also develop a network that allows understanding between devices interconnected with each other in the compound via the internet protocol, provided with tools, sensors, and various artificial intelligence devices to facilitate and present high-speed services, the statement noted.
Mountain View Chairman Amr Soliman lauded the new partnership and indicated, “The use of communication and information technology, amongst other digital solutions to work, create, and develop smart cities help achieve sustainability for community residents, paired with improving their lifestyles.”
“Coming in cooperation with the New Urban Communities Authority (NUCA), iCity aims to render a unique living experience with varied untraditional designs and advanced technologies, similar to those found in ritzy residential compounds worldwide,” Soliman explained.
On his part, Huawei Technologies CEO Ted Wang Meng Yu underlined, “By signing this partnership, we seek to support and help Mountain View realize its vision for a happy and connected world as we believe that intelligence is the way and happiness is the destination.”
He added, “It has become necessary to set up networks inside compounds to introduce a fully smart and wireless environment, as residents spend up to 60% of their time at home.”
Last November, Mountain View had launched MV Park. Located at the heart of iCity New Cairo on an area of 50 acres, with investments worth EGP 7 bn, the fully-fledged project will embrace a broad range of facilities and services, featuring an array of millennial apartments, as highlighted in a former statement.