Tatweer Misr, the leading real estate developer in Egypt, signs an agreement with Schneider Electric, the leader in the digital transformation of energy management and automation, to utilize the iTWO platform, established by Schneider Electric’s RIB Software, as one of the market’s most efficient solutions to manage their real estate projects, Invest-Gate reports.

The new deal falls in line with Schneider Electric’s effort to support digital transformation and the development of smart cities.

The newly signed deal positions Tatweer Misr as the first real estate developer across the MENA region to introduce Schneider Electric’s latest cutting-edge technologies in all their projects; Il Monte Galala in Ain Sokhna, Fouka Bay and D-Bay in the North Coast, and Bloomfields in Mostakbal City, New Cairo.

This signing was held during Schneider Electric’s Innovation Summit the Middle East and Africa (MEA), taking place in Dubai on the 18th and 19th of May 2022, discussing how to leverage breakthroughs in digital transformation and intelligent software to benefit their business as well as contribute to a Net Zero sustainable future.

The innovative iTWO platform will enable users to blur the lines between the construction in the virtual and real worlds, providing a simulation for the project’s entire lifetime by offering 5D Building Information Modeling (BIM). It will allow developers and project managers the full virtual experience of assessing the entirety of the project based on the proposed resources, cost, and timeline throughout the planning and building phases.

Further, the state-of-the-art platform will connect and combine data with other data sources as needed and will make it a valuable resource for creating evaluations and reports with just a few clicks.

“The iTWO platform enables clients to cut their operation schedules and costs, by integrating AI technology to provide simulations, making the planning of the project’s infrastructure easy and efficient,” Fouad Zayed, Vice President of Digital Energy & EcoStruxure for Egypt, North-East Africa and Levant Cluster, Schneider Electric, says.

For his part, Ahmed Shalaby, President and CEO of Tatweer Misr, says, “the process of enabling 5D BIM will assist us in studying every aspect of our projects in real-time. This collaboration is in line with our strategy to build sustainable, smart, and happy communities that provide the highest quality of life to our clients.”

Shalaby points to Egypt’s 2052 vision, which aims to double urban area in Egypt from 7% to 14% by 2052 which includes developing 61 cities, of which 24 are new and will be designed based on sustainability and smart solutions to provide a sustainable lifestyle.

He also confirms that the private sector is playing a huge role in creating these sustainable opportunities for future cities to benefit everyone.

It is worth mentioning that iTWO platform, it will enable users to blur the lines between the construction in the virtual and real worlds, providing a simulation for the project’s entire lifetime by offering 5D Building Information Modeling (BIM).

It will allow developers and project managers the full virtual experience of assessing the entirety of the project based on the proposed resources, cost, and timeline throughout the planning and building phases.

This, in turn, will make the whole rendering process more sustainable, cost-efficient, and will help real estate developers meet and commit to delivery deadlines.