Theta Edge Berhad has signed a Memorandum of Understanding (MOU) with ZICT Technology Co, Ltd, marking a strategic partnership to drive Smart City initiatives in Malaysia. The collaboration focuses on the Ampang Jaya Smart City concession, secured by Theta Edge in July 2024, and aims to deliver sustainable, people-centric urban solutions.
Group Managing Director & Chief Executive Officer of Theta Edge Berhad, Datuk Nuraslina Zainal Abidin, highlighted the significance of the partnership: "This MOU is a testament to our commitment to spearheading smart city development in Malaysia, particularly through strategic partnerships that bring together technology, investment, and a shared vision for sustainable urban growth."
The Ampang Jaya Smart City project will incorporate advanced infrastructure, smart mobility, energy-efficient systems, and improved public services, setting a benchmark for future urban developments. Both companies will also explore opportunities in Internet of Things (IoT), big data analytics, artificial intelligence (AI), and sustainable energy management to expand smart city capabilities across Malaysia.
This partnership represents a milestone in Theta Edge's mission to enable digital transformation, fostering socio-economic growth and sustainable urban environments.