Register | Forgot password?
Switch to Arabic
Tuesday, November 10 - 2009

Orange Business Services wins real estate telecoms consultancy contract with Emaar's KAEC

  • Saudi Arabia: Tuesday, October 21 - 2008 at 14:20
  • PRESS RELEASE

Orange Business Services, the business services arm of France Telecom, has signed a real estate telecoms consultancy contract with Emaar Economic City's high profile development at the King Abdullah Economic City (KAEC), one of the Gulf's biggest and most ambitious smart city developments located in the Western Province of the Kingdom of Saudi Arabia.

Article continues below
  • Lionel Reina, Vice President for Eastern Europe, Middle East and Africa at Orange Business Services.
    Lionel Reina, Vice President for Eastern Europe, Middle East and Africa at Orange Business Services.
The city is due for final completion in 2015.

Under the banner of its 'Solutions for Operators' portfolio of services, and leveraging Orange Business Services' substantial international telecoms experience and particularly its focus on the real estate sector
in the Middle East region, Orange will act as trusted advisor and consultant to the Emaar economic city on the design of the multi-billion
dollar economic project that will deliver world class, competitively priced and innovative communications, multimedia and telephony services
to residents and businesses alike over its infrastructure.

Lionel Reina, Vice President for Eastern Europe, Middle East and Africa at Orange Business Services, said:

"The engagement of our teams on this consultancy project to oversee the design of their telecoms services, for the city reflects our focus on the real estate sector in the Middle East where we are driving growth through our bespoke 'Solutions for Operators" services. Just as important is the fact that we are working with Emaar, one of the most sophisticated and successful real estate developers in the world".


In smart cities such as KAEC, broadband is as important as roads and a single IP network can support demands for entertainment, information,
and business communications as well as the essential building services such as security, ventilation and safety systems. These smart cities become easy to run because multiple networks can run over one infrastructure that can facilitate automation and remote monitoring of services, for example.

"Smart cities are proving not only more attractive to prospective tenants and occupiers but also offer lower costs in terms of maintenance and management, whilst offering the potential to bring in additional non-rental revenues to developers," adds Lionel Reina.

Mr Fahd Al-Rasheed, Board Member and Chief Executive Officer, Emaar.E.C, said: "The agreement with Orange Business Services reflects our commitment to developing King Abdullah Economic City to the highest standards possible. Orange Business Services has an outstanding track-record for the quality of the work they have executed globally. This agreement will add more value to the Smart City capabilities of KAEC and enhance the lifestyle of residents and tenants."

King Abdullah Economic City is located on the Red Sea, around 100 km north of Jeddah. With a total development area of almost 2 billion square feet (173 km2), the city will be located between the two holy cities of Mecca and Medina and the commercial hub of Jeddah.

It will house 2.5 million residents, and comprise buildings and skyscrapers that will create an important landmark in Saudi Arabia and the Middle East.

When completed, the ultra-modern metropolis will have six distinct areas including a sea port, an industrial zone, an educational zone, a sea resort, a central business district and residential areas.
Also consider reading:
Log in to request more information from Orange Business Services

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions