Huawei strikes Saudi smart cities deal with Batic
Saudi investment firm Batic has struck a deal with Huawei to work on smart cities projects throughout the Kingdom.
Smart City Solutions Company, a unit of Riyadh-based Batic Investments and Logistics Co. (Batic) will work with the Chinese technology giant om smart projects covering areas such as parking lots, transportation, the reduction of energy consumption as well as lighting and waste management.
Batic is already working on a major smart city contract in the Eastern Region, part of a SR1.3 billion ($300 million) project that will run for 25 years. “Smart Cities Solutions and Huawei will cooperate in supplying the market with an integrated portfolio of services and models for operating smart cities that can be customized,” said Adnan Al-Morshid, CEO of the