Agreement to combine Honeywell’s global automation and digital expertise with Kortech’s strong regional engineering delivery capabilities
Honeywell (NASDAQ: HON) today announced an agreement with Kortech, a subsidiary of Hassan Allam Holding – one of the leading engineering, construction, investment and development groups in the MENA region – to collaborate on automating and digitizing critical infrastructure projects in the Middle East and Egypt.
The Memorandum of Understanding (MoU), signed in the presence of Eng. Hassan Allam, Group CEO of Hassan Allam Holding and Billal Hammoud, President and CEO of Honeywell Building Automation, brings together Honeywell’s global expertise in automation, digital technologies, software and analytics with Kortech’s turnkey infrastructure and technology solution.
By combining their respective capabilities the two companies plan to advance digital transformation, resilience and energy efficiency for data centers and other buildings, major transportation projects and smart-city developments across Egypt, Saudi Arabia and the United Arab Emirates.
“Honeywell is committed to supporting regional development and delivering future-ready infrastructure through the deployment of our cutting-edge connected automation and control technologies,” said Nabil Cheqroun, vice president and general manager for Honeywell Building Automation in META. “By combining our capabilities with Kortech’s regional engineering and infrastructure knowledge, we plan to create value for the many ambitious infrastructure projects underway across the region.”
“This collaboration enhances our capacity to deliver advanced, technology-focused infrastructure solutions at scale throughout the region,” added Zayan Waziry, Chief Techno-Commercial Officer of Kortech. “Joining forces with Honeywell helps us broaden the range of offerings we provide for transportation, buildings and data center initiatives. By integrating global innovation with local delivery expertise, we are well-positioned to address the region’s evolving infrastructure requirements.”
For more information please visit: https://www.honeywell.com/us/en/news
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Honeywell is a Fortune 500 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists, we have an unrelenting focus on quality, delivery, value, and technology in everything we make and do.
