Talaat Moustafa Holding Group (TMG), the leading real estate and tourism development group, signs a strategic partnership with Schneider Electric, the world’s leading company in the field of energy management and digital transformation, to provide the latest technological solutions in the construction of infrastructure and facilities management for the Noor City project, Invest-Gate reports.

The deal is signed on the sidelines of the participation of TMG in the Conference of the Parties to the United Nations Convention on Climate Change (COP27) that is being held in Sharm El-Sheikh.

The partnership agreement is signed by Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group, and Sebastien Riez, President, Schneider Electric, North East Africa and Levant.

Under the partnership, TMG will apply and integrate Schneider Electric technologies and solutions in the operations of managing infrastructure systems and facilities, especially electricity, water, traffic, data centers and control centers, in the Noor CITY Project, the group’s latest integrated urban project.

This, in turn, will contribute to rationalizing the consumption of energy, maximizing natural resources, preserving the environment and reducing polluting emissions.

In this regard, Moustafa expresses his happiness to sign the strategic partnership with Schneider Electric, which is one of the leading companies in the field of energy management and digital transformation.

He adds that following sustainability standards positively reflects on the quality of services provided to residents and visitors.

Moustafa points out that the Noor project is a unique model for modern and future housing, due to the advanced technologies that the city includes that take into account the highest international standards in the planning and implementation of smart cities and the applications of sustainability elements.