Honeywell, KAFD Partner on Sustainable Smart City Development
Honeywell and King Abdullah Financial District (KAFD) signed a Memorandum of Understanding to help create a sustainable smart city experience at the prime business and lifestyle destination in Saudi Arabia.
The strategic MoU between Honeywell and KAFD is in line with Saudi Arabia’s Vision 2030 objectives related to smart city development and advances technology adoption to create energy efficient, intelligent buildings.
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Honeywell will help optimize operational efficiencies and support KAFD on its smart city strategy focused on sustainability targets through the deployment of energy saving initiatives across its assets and facilities.
Honeywell will provide direct technical support and act as a trusted and long-term technology advisor to KAFD, utilizing smart solutions to optimize the experience of tenants, visitors, businesses and city operations.
KAFD is a business and lifestyle destination at the heart of the Kingdom’s capital. It is set to play a major role in the growth and diversification of the economy, as well as contributing to establishing first-class leisure, retail, and hospitality facilities to support a vibrant society.
Abdulla Al-juffali, Country President, Honeywell-Saudi Arabia and Bahrain, said: “As Saudi Arabia sets new benchmarks in smart city development, we are honored to have the opportunity to collaborate on this ground-breaking project to enhance the sustainable city experience.”
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