Bayanat, (ADX: BAYANAT) a leading provider of AI-powered geospatial and smart mobility solutions,ย and IMKAN Properties, an Abu Dhabi-based real estate developer, recently signed a Memorandum of Understanding (MoU) for the development of a smart mobility infrastructure project on SHA Island Emirates at AlJurf.
According to Industry sources, this innovative project will feature an integrated and AI-enabled transportation ecosystem that permits fully autonomous driving on the worldโs first healthy living island as claimed by both firms.
Industry sources also added that this MoU agreement was signed by Abdulla Al Shamsi, Chief Operating Officer of Bayanat, and Suwadain AlDhaheri, CEO of IMKAN Properties at the Bayanat offices in the presence of IMKANโs Executive Management Team.ย
Excited about the project,ย Abdulla Al Shamsi, COO Bayanat, commented:ย โBayanat has long been a pioneer of autonomous driving and unmanned systems in the Middle East, with a proven track record of technological capability and know-how including Autonomous Solutions, Cloud Infrastructure, Digital Twins, Charging Infrastructure, Transportation Super Apps, and Testing and Simulation. We are excited about this joint project with IMKAN Properties, which will combine our expertise to create a unique concept globally โ a healthy living island featuring autonomous vehicles. Weโre confident that this partnership will revolutionize the way we live, work, and thrive in our communities.โ
Speaking about Bayanatโs contribution to creating a healthy environment on the island,ย Abdulla Al Shamsi added: โWe believe that the islandโs transport infrastructure will play an integral role in enabling this objective. Our long-standing expertise in developing smart mobility solutions, which includes EV infrastructure, will allow us to create a quiet, clean, and reliable transportation infrastructure on the island.โ
โOur commitment to sustainable development aligns seamlessly with IMKAN Properties’ strategy of crafting destinations that prioritize environmental stewardship and holistic well-being. Together, we are poised to transform this island into a symbol of sustainable living, where cutting-edge technology and eco-conscious design converge to create a thriving community for generations to come,โ concluded Al Shamsi.ย
Excited to apply this expertise to its development,ย Suwaidan AlDhaheri CEO at IMKAN Properties, stated: โWe’re excited to join forces with Bayanat, aligning with our commitment as a real estate developer to deliver unparalleled experiences for our residents and customers. This collaboration enables us to spearhead a groundbreaking project, placing utmost emphasis on health, well-being, sustainability, and convenience. Partnering with Bayanat seamlessly integrates state-of-the-art technology with our physical infrastructure, essential for bringing this visionary project to life.โ
According to Industry sources, located in AlJurf, approximately halfway between Abu Dhabi and Dubai, the health- and wellness-focused island, which will also be home to the SHA Wellness Clinic, aims to be highly autonomous with minimal reliance on manned vehicles. While IMKAN Properties will be developing the projectโs physical infrastructure, Bayanat will provide the critical digital infrastructure for the operation of autonomous vehicles and unmanned systems, such as HD maps and HD positioning, as well as deploy its Smart Mobility Solutions (SMOS) in the form of its digital twin solutions, which makes vehicle autonomy on the island possible.
Industry sources further explained that Bayanat’s digital twin technology will play a pivotal role in supporting IMKAN Properties’ vision for SHA Island Emirates by providing an advanced virtual replica of the island’s entire infrastructure. This technology will enable real-time monitoring and management of autonomous transportation systems, ensuring seamless and efficient operations without human intervention.
