State Minister for Military Production Mohamed Saeed el Assar on Saturday witnessed the signing ceremony of a memorandum of understanding (MoU) with Kuwait’s MEASC Safe Smart Cities.
The MoU aims to develop a framework for joint projects, to be carried out between both sides to transfer the technology of smart cities to Egypt in the coming period.
Under the agreement, both sides are set to cooperate to implement joint projects to develop intelligent transportation systems and establish a smart logistic services center, among others.
The MoU is part of the Egyptian state’s ambitious plan to develop smart cities in terms of economic development achieved in Egypt.
MEASC Chairman Abdulmohsen Al-Babtain praised the Egyptian government’s intention to adopt the establishment of new smart cities under its plan for digital transformation.