Signs MOU with Saudi Arabia as part of an overseas infrastructure export initiative of Japan's Ministry of Economy, Trade and Industry
Story content courtesy of Fujitsu Limited, JP
Fujitsu signed a memorandum of understanding (MOU) with the Saudi Industrial Property Authority (MODON)(1) to commence a collaborative smart communities project in MODON's industrial areas.
With the local initiative led by Fujitsu Arabia, Fujitsu begins this global smart community business in Saudi Arabia based upon cutting-edged ICT, and environmental and power-saving technologies. Fujitsu will first carry out a feasibility study during FY2011 and FY2012, after which the company plans to roll out full-scale development of the project.
During the new project, Fujitsu will promote the development of smart communities in Saudi Arabia's industrial areas with a focus on both the environment and energy. The project will include installing environmental management systems along with energy management systems to optimize energy usage.
In September 2011 Fujitsu established Fujitsu Arabia as a joint venture with a local partner Almisehal Group.
