Waseela secures $10m construction packages for integrated systems
Information and communication technology firm, Waseela, has reportedly observed a significant increase in demand for converged ICT/ extra low voltage (ELV)/ building management systems (BMS) packages amongst mega buildings under construction in the GCC. It has been awarded $10m worth of construction packages requiring integrated ICT/ELV/BMS systems in UAE, Saudi Arabia, and Qatar.
The company is currently participating and bidding for long-term projects with converged ICT/ELV/ BMS packages, expected to materialise during 2016-2017 at an approximate value of $50m.
With green and smart buildings currently trending in the GCC construction sector, the role of technology in the construction been expanding. These technologies rely on integrated ICT or extra low voltage (ELV) or building management systems (BMS) systems for its efficient functioning. Converged ICT/ELV/BMS solutions are expected to be a requirement at newly constructed malls, hotels, hospitals, airports, schools, and stadiums.
“In the coming years and as the trends of smart buildings intensify, more converged and integrated ICT/ELV/BMS solutions will emerge requiring more complex and sophisticated engineering and integration capabilities,” said Dr Samer Taha, CEO of Waseela.