Siemens in deal to set up operation in District 2020
01 April 2020
Global technology major Siemens has signed a 10-year lease agreement with Expo 2020 Dubai representatives to set up its operations at the District 2020 soon after the close of Expo 2020 event.
District 2020 is the physical manifestation of Expo 2020’s long-term investment in the future of the UAE, boosting the economy, helping to spur growth and support jobs for many years to come.
The lease agreement outlines the establishment of different divisions of Siemens’ business group at District 2020, including the soon-to-be-spun-off Siemens Energy, said the Expo 2020 Dubai.
District 2020 has announced that as per the deal, Siemens, one of its key anchor tenants, will grow its presence within its innovation ecosystem and future-proof community – which is set to evolve from Expo 2020 Dubai – following the signing of a 10-year lease agreement for two buildings, it stated.
The German company’s 11,000-sq-m office space will be among the most technologically advanced in the UAE and will serve as a base in Dubai for Siemens and the newly independent Siemens Energy.
Approximately 1,000 Siemens employees are expected to work from the two buildings following Expo 2020 Dubai’s transition into District 2020. The company’s presence will encourage industrial growth, enable innovation, and stimulate job creation, bringing continuous long-term value to the project, it added.
The announcement follows Siemens’ 2017 commitment to establish a global headquarters for its airports, cargo, and port logistics business in District 2020, said senior officials at the signing ceremony.
“We are delighted to announce this long-term agreement that extends Siemens’ commitment within District 2020, where they will play a key role in the transition of the Expo 2020 site into a tech-enabled and human-centred smart city,” remarked Marjan Faraidooni, Chief Pavilions and Exhibitions Officer, Expo 2020 Dubai.
As Expo 2020 Dubai’s Official Infrastructure Digitalisation Partner, Siemens’ presence at District 2020 will help drive multi-sector innovation and idea sharing between organisations, particularly in Dubai’s key industries of logistics, energy, and future technologies.
Dietmar Siersdorfer, CEO of Siemens UAE and Middle East, said: “Together with Expo 2020 Dubai we are developing a blueprint for future smart cities, making its legacy District 2020 a perfect base for our future operations in Dubai.”
The two office buildings will inherit the building technologies installed by Siemens for Expo 2020 Dubai. This includes the smart sensors from Enlighted, a Siemens IoT solutions provider. The IoT platform creates ‘sensory systems’ throughout the building, providing real-time data and analytics into how the building is being used.
Siemens will also implement its digital building management system Desigo CC, and its cloud-based energy analytics platform Navigator which will connect 137 buildings across the site, he stated.
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