Arab Finance: Continuing its pioneering efforts in creating multi -use and renewable spaces in Egypt, Paragon Real Estate Development Company announced the signing of a strategic partnership agreement with Schneider Electric, the leading company in the field of digital transformation of energy management and automatic control, with the aim of integrating its smart solutions to manage buildings in the Paragon.3 Work in project. This cooperation embodies Paraguce commitment to create renewal spaces that enhance the human -based design and rise to environmental performance and quality of life, and achieve optimal environmental efficiency, by adopting the latest smart technologies in energy management and achieving the highest operational efficiency of buildings, according to the statement sent on June 10.
Through this partnership, Schostrxure's ECOSTRUXURE Management Solutions offer smart halls management systems, lighting control sensors, and advanced air conditioning management systems. These solutions are not limited to achieving operational efficiency, but Paraguce vision is embodied in developing regenerative spaces taking into account the design of each square meter, including enhancing energy efficiency, improving space functions, and reducing environmental impact.
The Work In project is located in the heart of the new administrative capital, directly compared to the presidential palace, and it includes complete service spaces ranging from 15 and 50 square meters, designed specifically to meet the needs of startups and small and medium -sized companies. Thanks to the combination of the Schneider Electric technologies, these spaces turn into smart systems intelligently interact with the needs of users while maintaining energy efficiency at their highest levels. These solutions contribute to improving the use of spaces through predictive analyzes, providing a comfortable work environment via automatic lighting, and accurately adjusting temperatures while reducing the environmental impact.
Integrated, these systems contribute to reducing operational costs, and providing more responsive work environments based on humans.
In this context, Engineer Badir Rizk, CEO of Paraguce Real Estate Development Company, said: “Our partnership with Schneider Electric is a practical embodiment of our philosophy in renewal development. We design live systems that develop with its users and contribute effectively to enhancing environmental sustainability and community well -being. By integrating our experiences in real estate development and design with the technological leadership of Schneider Electric, We have been able to develop highly efficient spaces for the future. Live on this vision. “
Engineer Mohamed Badir, Chairman of the Board of Directors of Paraguce Real Estate Development Company, commented: “This partnership with Schneider Electric is a new station in a successful cooperation that has already started through the Paragon.1 and Paragon.2 projects, and it reflects our joint commitment to the creation of smart and sustainable spaces that are in line with the future of urban development. Real estate development and design, and our vision was based on a deep understanding of the need for buildings to exceed its traditional role, to turn into multi -use environmental systems in which lifestyle, culture, luxury, work and hospitality are integrated within an integrated experience. Man supports the sustainability of the planet. “
Sebastian Risan, CEO of Schneider Electric for Northeast Africa and the Arab East, said: “In Schneider Electric, we focus on reducing carbon emissions resulting from buildings to be more ready for the future and sustainable, in order to reach zero carbon emissions. The region, by integrating our smart solutions and our advanced management systems in the Work In project, we together support business aspirations while completing the highest standards of environmental sustainability, as Paraguce real estate vision corresponds to our mission of creating effective, sustainable and more flexible environments to achieve business requirements in Egypt. “
Paraguayon's cooperation with Schneider Electric is another important step in the framework of a wider strategic cooperation, which sets the basis for future joint efforts via Paraguce wallet from multi -use renewal development projects. With ambitious plans to reach one million square meters of smart and sustainable facilities this year, Paraguayn continues to redefine what buildings can achieve – not only as sustainable structures, but as renewal agencies that enhance the quality of life for all its users.
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