VIE Communities Signs a Strategic MoU with WE to Develop Digital Infrastructure Across All Its Projects

VIE Communities Signs a Strategic MoU with WE to Develop Digital Infrastructure Across All Its Projects

​VIE Communities, one of the promising real estate development companies in the Egyptian market, announced the signing of a strategic Memorandum of Understanding (MoU) with WE, the first integrated telecommunications and information technology operator in Egypt and the owner of the largest integrated telecom infrastructure, Invest-Gate reports.

This partnership aims to develop and implement the digital infrastructure and smart communication systems for all of the company’s projects, starting with the Vie Collective project in New Cairo—the company’s flagship project. This initiative supports its vision of delivering integrated urban communities that keep pace with future requirements.

​The MoU was signed by Dr. Haitham Samir, CEO of VIE Communities, and Mr. Mohamed ElTouny, Vice President and Chief Consumer Officer of Telecom Egypt.

Developing an Integrated Digital Infrastructure for the Vie Collective Project

​Under this MoU, WE will undertake the development of an advanced telecommunications infrastructure within the Vie Collective project utilizing Fiber-to-the-Home (FTTH) technology.

This ensures the provision of ultra-fast internet services, alongside Triple Play services which encompass internet, fixed-line telephony, and IPTV digital television services. The partnership also includes offering a suite of sophisticated digital solutions, including Home Automation systems and Community Mobile Apps, in addition to integrating the latest smart technologies within the project. This will contribute to enhancing the customer experience and raising the efficiency of the provided services.

​This strategic partnership comes within the framework of VIE Communities’ vision aimed at developing integrated urban communities that rely on innovation and technology as fundamental pillars to enhance the quality of life and improve service efficiency, aligning with the Egyptian state’s directives towards digital transformation and building smart, sustainable communities.

​Commenting on the signing of the MoU, Dr. Haitham Samir, CEO of VIE Communities, stated: “At VIE Communities, we believe that digital infrastructure has become one of the most critical elements for the success of modern real estate projects. Therefore, we are keen to cooperate with partners who possess the necessary expertise and capabilities to deliver advanced solutions that keep pace with future requirements. Our partnership with WE represents a significant strategic step in developing the Vie Collective project, enhancing the value we offer to our customers and providing an integrated living experience based on the latest technologies and smart services.”

​He added: “This partnership comes within our long-term vision to build integrated and sustainable urban communities that meet the aspirations of the new generation of customers and provide a more connected and innovative living environment.”

​For his part, Mr. Mohamed ElTouny, Vice President and Chief Consumer Officer of Telecom Egypt, said: “WE is keen to continue its leading role in supporting digital transformation efforts and developing telecom infrastructure across various sectors, by providing advanced technological solutions that contribute to building more connected and sustainable communities. This partnership represents a new step toward supporting smart real estate projects. Through it, we look forward to contributing to the development of the Vie Collective project to become an integrated model for modern communities reliant on an advanced digital infrastructure that offers innovative services and an exceptional experience for customers.”

​This partnership reflects the shared vision between VIE Communities and WE toward developing a project that relies on an advanced digital infrastructure from the early stages of execution. This ensures its readiness to accommodate the latest technological solutions and smart services, and reinforces its position as a modern, integrated urban destination that fulfills the aspirations of both customers and investors alike.

Vie Collective.. VIE Communities’ First Project with Massive Investments

​The Vie Collective project represents VIE Communities’ first project in the Egyptian market. It is a mixed-use development spanning an area of 186 feddans, situated in a strategic location on the Middle Ring Road. The project relies on an innovative architectural design featuring diverse zones with independent identities within an integrated master plan. It offers a variety of units including villas, twin houses, townhouses, duplexes, and residential apartments, alongside commercial, administrative, and hospitality areas that cater to various needs.

​Furthermore, construction works have already commenced through Sarh Construction, reflecting the company’s commitment to executing the project according to the specified timeline and transforming its vision into an integrated, sustainable urban community.

​VIE Communities was established through an Egyptian-Emirati investment alliance bringing together a number of leading entities in the fields of investment and development, namely: Future of Egypt for Investment and Development, Glamour Jewellery, and Damas Real Estate, with investments totaling 150 billion Egyptian pounds within the framework of a strategic partnership aimed at presenting an innovative urban development model in the Egyptian market.

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