Signing a memorandum of understanding between Misr Italia Properties and Honeywell in Support of Digital Transformation

  A fully integrated system of smart and sustainable services to keep pace with digital transformation and sustainable development for a better quality of life to MIP residences

By Eman Hamed

Misr Italia Properties signed a memorandum of understanding with Honeywell, leveraging the company’s experience in smart solutions for established and under construction projects. The collaboration came in light of Misr Italia Properties’ strategy towards digital transformation through developing a smart and sustainable lifestyle to serve its clients.

The conference was attended by Mr. Keith Kirkham, Regional Minister Counselor for Commercial Affairs at the US Embassy in Cairo, Eng. Ghada Labib, the Deputy Minister for Institutional Development at the Ministry of Communications and Information Technology, Eng. Mohamed Hany El-Assal, CEO and Managing Director of MIP, and Eng. Mohamed Khaled El-Assal, CEO and Managing Director of MIP, Doctor Engineer Khaled Hashem, President for Egypt and North Africa Honeywell, and Mr. David Chi, Executive Vice President of the American Chamber of Commerce in Cairo.

The MOU between Misr Italia Properties and Honeywell states the establishment of various projects that provide a smart lifestyle through the latest digital solutions, including Honeywell’s package for city solutions, and Honeywell forge program, which is an enterprise performance management solution. The Memorandum of Understanding focuses on merging these solutions in the projects implemented by the company through a unified platform, which guarantees transparency and control. Moreover, Honeywell will deploy advanced city surveillance systems (CCTV) for improved emergency response and access control; sustainable and energy-efficient technologies for energy optimization as well as smart irrigation, smart street lighting, water management and smart parking.

Engineer Ghada Labib, Deputy Minister of Communications and Information Technology for Institutional Development, praised the partnership between Misr Italia Properties and Honeywell International, which highlights the importance of integration between different sectors to provide smart services in alignment with Egypt 2030 vision. She added ‘”Digital Egypt” strategy is built on three main planks, including Digital Transformation, Digital Skills and Jobs and Digital Innovation based on an efficient information infrastructure and a strengthened legislative framework.

Engineer Mohamed Hany El-Assal, CEO and Managing Director of MIP, expressed his joy with this new partnership, which will maintain the current and future client’s trust in the company through proactively responding to their needs aiming to provide an integrated advanced system across all MIP projects located in the New Administrative Capital and New Cairo, particularly Cairo Business Park and IL BOSCO City. We aspire to contribute to the actualization of Egypt 2030 vision and the UNSDGs through implementing smart city solutions; advanced security technologies and optimal energy efficiency techniques among which.

Engineer Mohamed Khaled El-Assal, CEO and Managing Director of Misr Italia Properties, added that the smart services that Honeywell will deploy across all MIP residential, commercial and administrative projects, prove MIP’s infrastructural strength for accommodating all these technological advancements. One of the most prominent systems that Honeywell will deploy is the Command-and-Control System at Cairo Business Park, which will play a vital role in rationalization of electricity consumption with significant improvement in managing electricity emergencies. Moreover, the project offers integrated meeting rooms equipped with the latest technologies to facilitate and accelerate communication between employees to increase work efficiency.

Doctor Engineer Khaled Hashem, President for Egypt and North Africa Honeywell, said, “Egypt is a pioneer in developing the highest number of smart cities around the world, which goes in line with its aspiration to elevate the quality and standard of living and accelerating the steps towards digital transformation. We take pride in being given the opportunity to display our capabilities through the projects developed by Misr Italia Properties. Our state-of-the-art solutions will play an essential role to impact societies and cities alike. Honeywell continues its support through developing vital projects all over Egypt, to implement and manage safe, sufficient and sustainable communities.”
It is worth mentioning that MIP is working on several collaborations with the world’s biggest entities, which are carefully chosen to provide the latest integrated advanced technologies and services to guarantee the ultimate level of comfort to its current and future clients.

Misr Italia Holding has been at the vanguard of developing Egypt’s leading real estate market for years. It is known for providing paramount projects for residential, commercial, coastal, and hospitality properties across Egypt. The company’s land bank stretches across Egypt with 11 residential projects, nine commercial projects, five luxury hotels and 6,000 delivered units. Flagship projects include IL BOSCO, VINCI & VINCI Street in the New Administrative Capital, La Nuova Vista, Garden 8, Cairo Business Park and Hilton Garden Inn in New Cairo, Kai Sokhna and Hilton Ain El Sokhna, Kai Sahel, and IL BOSCO City in New Cairo.
About Honeywell Building Technologies
Honeywell Building Technologies (HBT) is transforming the way every building operates to help improve the quality of life. We are a leading building controls company with operations in more than 75 countries supported by a global channel partner network. Commercial building owners and operators use our hardware, software and analytics to help create safe, efficient and productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.


Honeywell ( is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.

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