ST Engineering wins $60 mil contract to design, build and operate smart network platform for Qatar's Lusail city

ST Engineering wins $60 mil contract to design, build and operate smart network platform for Qatar’s Lusail city

Posted by Admin October 13, 2024 World

ST Engineering wins mil contract to design, build and operate smart network platform for Qatar’s Lusail city

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The project will be built on the back of ST Engineering’s Urban Solutions AGIL Smart City OS.

Singapore Technologies Engineering (ST Engineering) has won a contract worth more than $60 million to design, build and operate a citywide network connectivity platform for the second largest city of Qatar, Lusail city. The project is scheduled to start in 4Q2024 and conclude by 2027.

The contract was awarded by Lusail Real Estate Development Company (LREDC), a subsidiary of Qatari Diar Real Estate Investment Company (Qatari Diar). The project aims to transform Lusail into a fully integrated smart city that leverages advanced AI and data-driven technologies, the press release dated Oct 14 reads.

This is part of Qatar’s National Vision 2030, which aims to make Lusail the country’s largest sustainable city spanning 38 km sq. It will add to ST Engineering’s 800 over smart city projects in more than 150 cities worldwide, the release says.

ST Engineering’s Urban Solutions AGIL Smart City Operating System (OS) will serve as the digital backbone of Lusail. The system will integrate Lusail’s multiple systems such as lighting, building and traffic management systems, and provide a unified view with AI-driven insights into Lusail’s operations.

The release notes that three key features of AGIL Smart City OS will be deployed. The integrated asset management platform will enable 24 by 7 citywide monitoring and protection of critical and infrastructure assets; AI-enhanced workflow automation and comprehensive citywide insights; and resident and visitor-centric interactive smart applications like AI chatbots for the interpretation of citizen queries.

The end goal is to enable seamless operations across Lusail’s infrastructure and smart city applications, resulting in minimizing resource wastage.

“With Lusail recognised as a model for the future of urban living, securing this iconic project not only solidifies our position as a leading technology partner in city transformation, but also demonstrates our smart city capabilities and large-scale project management expertise,” says Chew Men Leong, President, Urban Solutions, ST Engineering.

“This ambitious project, in collaboration with ST Engineering, marks a key step toward realising our vision of providing an integrated and sustainable urban environment. By leveraging AI technologies and interactive applications, we aim to offer superior smart city experiences that make the city more efficient and sustainable,” says Ali Mohamed Al-Ali, CEO of Qatari Diar.

As at 2.31pm, shares in ST Engineering are trading flat at $4.67.

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