UDC, QSTP sign MoU to foster technological innovation, sustainability

United Development Company (UDC), the master developer of The Pearl Island and Gewan Island, has signed a Memorandum of Understanding (MoU) with Qatar Science & Technology Park (QSTP), a member of Qatar Foundation, to foster collaboration on innovative and sustainable solutions in real estate development.The MoU was signed by Ibrahim Jassim al-Othman, UDC president, CEO, and member of the board, and Dr Jack Lau, president of QSTP, on the sidelines of Cityscape Qatar 2024, which concludes Tuesday at the Doha Exhibition and Convention Centre (DECC).The strategic partnership marks a significant milestone in UDC’s ongoing commitment to integrating smart and sustainable technologies into its developments, further enhancing The Pearl Island and Gewan Island as premier destinations for living, working, and entertainment. The collaboration will focus on areas, such as technological advancements, research and development in environment and sustainability, and the implementation of smart city technologies.Al-Othman said, "This MoU aligns with UDC’s vision of creating sustainable, technologically advanced communities that meet the evolving needs of our residents and investors. Through this partnership with QSTP, we aim to leverage cutting-edge technologies to enhance the quality of life in The Pearl and Gewan Islands, while also contributing to Qatar’s national environmental and sustainability goals.”The collaboration will explore various initiatives, including the development of smart sustainable cities, capacity building through training programmes, and research and development (R&D) to support sustainable innovations. Both parties will work closely to ensure the implementation of these projects under joint agreements to achieve impactful, environmentally friendly solutions.Lau said, "At the heart of our mission is the commitment to foster innovation that contributes towards the advancement of a vibrant technological ecosystem in Qatar. We are delighted to establish this collaboration with UDC - a distinguished leader in the real estate sector - to expand our efforts and collectively explore opportunities to advance technological research and development, hi-tech skills building, and the implementation of innovative solutions that will contribute to the growth of smart cities and communities. We look forward to our joint work in promoting smart technologies for a more sustainable environment for all.”As part of the MoU, UDC and QSTP will focus on delivering sustainable, high-tech solutions that will be implemented across both The Pearl Island and Gewan Island. These solutions will include smart energy management, waste reduction systems, and advanced digital infrastructure aimed at enhancing operational efficiency and environmental sustainability.The collaboration is expected to bring about tangible benefits for investors and residents alike, offering advanced amenities, improved resource management, and a modern, eco-friendly living experience. The integration of these technologies will also create new investment opportunities for businesses looking to engage in sustainable urban development. The MoU reflects UDC's commitment to innovation and sustainability, aligning with Qatar’s Vision 2030 to foster a knowledge-based, environmentally conscious economy.On the sidelines of the signing ceremony, al-Othman told Gulf Times that UDC’s collaboration with QSTP underscores the company’s commitment to the environment, focus on technology and innovation, and continuous initiatives that support sustainability."UDC is incorporating AI technology for various purposes, including an unmanned boat for water quality monitoring. We are also using AI to support sales and after-sales services and to improve efficiency in building management and maintenance,” he emphasised.Similarly, Lau spoke to this paper about AI applications in real estate and urban management, including the benefits of AI technology and the challenges in AI implementation. He also discussed QSTP's role in AI development, as well as the future of AI and automation.Before the signing ceremony, HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman al-Thani visited the UDC pavilion, which underscored the company’s pivotal role in shaping Qatar's real estate sector. During the visit, the Prime Minister was introduced to UDC's state-of-the-art smart technology and immersive experiences, which are at the heart of the innovative developments on Gewan Island.Additionally, Al-Othman participated in a key discussion panel at the Qatar Real Estate Forum, where his insights on real estate investment opportunities further emphasised UDC's strategic vision and commitment to fostering growth and innovation within Qatar’s thriving real estate landscape.