Breaking Headline

LG wins AED140 million Smart City contract

Published June 16th, 2008 - 07:29 GMT
Al Bawaba
Al Bawaba

LG wins AED140 million Smart City contract
Giga Group to deploy digital leader’s
smart home technology in its latest project

Global and regional digital leader LG Electronics has been awarded an AED140 million contract from Goldcrest Properties, a division of Giga Group, to deploy its HomNet smart home technology in Goldcrest Properties’ Smart City project.

LG HomNet will deploy its Home and Community management solutions for the project addressing the growing need for smart home solutions in today’s fast paced life.

This alliance will offer tenants a modern lifestyle with sophisticated amenities such as ultra-high speed Internet access, keyless home entry, video and audio communications, integrated security with CCTV streaming, parking & access control, community portal solutions and much more.

“Recognising the potential of its product offering, developers are now choosing LG HomNet to provide customers with a convenient and secure lifestyle integrating digital home solutions,” said Mr. K.W. Kim, President of LG Electronics Middle East and Africa Regional Company. “We are well-positioned to support the region’s booming property developments and are confident of LG’s growth in this niche sector.”

Strategically located on Emirates Road and within close proximity to Dubai International Airport, Smart City will offer over 3,500 luxury apartments comprising studios, one-bedroom and two-bedroom units all of which are equipped with LG HomNet's home management solutions.


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LG HomNet home solutions also include access control for the household and common entrances, notifications of visitors during the absence of the owner, and other convenient features.

“It is with great pride that the Giga Group launches a project that offers residents smart living options. What we are developing is not a static sculpture, but a lifestyle,” said Amir Giga, Managing Director of Goldcrest Properties. “As the proven specialists in smart home technology, LG Electronics offers a number of advantages over other providers, while boosting our own stature in the region’s construction sector.”