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Fujitsu and Saudi Industrial Property Authority "MODON" Enter Agreement on Development and Operation of Environmental Management System


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© ACN Newswire
2013-03-11 15:15:58 -

Tokyo and Riyadh, Mar 11, 2013 - (JCN Newswire) - Fujitsu Arabia and the Saudi Industrial Property Authority (MODON) today announced that they have signed a contract for the development and operation of an environmental management system in MODON (Saudi Arabia's industrial) cities.

Based on the agreement, Fujitsu and MODON will work together to build a monitoring system that employs sensors that measure air and water quality in order to constantly monitor environmental pollution. The new system will be installed in the Dammam 2nd Industrial City in the Eastern Province, the Riyadh 2nd Industrial City in the Saudi Capital, and the Jeddah 1st Industrial City on the west coast. Furthermore, Fujitsu has formed a consortium with Fuji Electric Co.,

Ltd. and METAWATER Co., Ltd., and, after development of the system is complete, will oversee operations of the system and environmental monitoring, in addition to providing consulting aimed at improving the environment based on information gathered by the system accumulated from sensors.

This project is part of an overseas infrastructure and system export initiative of Japan's Ministry of Economy, Trade and Industry (METI). Under the collaborative relationship between Japan and Saudi Arabia, Fujitsu and MODON will strive to leverage knowledge and technology from Japan to support Saudi Arabia's efforts to improve the environment.

Background

In 2010, Fujitsu and MODON began discussions about improving the environment in Saudi Arabia's industrial cities. With MODON's strong commitment to preserving the environment, in September 2011 Fujitsu Arabia signed a memorandum of understanding (MOU) with MODON to collaborate in improving the environment in industrial cities.

In February 2012, the organizations signed an additional MOU, entitled "Memorandum to Collaborate on an Environmental Management System and Smart Community Initiative." Since then, Fujitsu formed a consortium with Fuji Electric, METAWATER, and Mizuho Corporate Bank, and conducted a feasibility study based on METI's overseas infrastructure export initiative.

Now that the feasibility study has been completed, Fujitsu and MODON have agreed to launch full-fledged business collaboration and have signed a contract for the development and operation of the environmental management system.

Comments from Representatives of Fujitsu and MODON

Masahiko Yamada, Head of Technical Computing Solutions Unit, Fujitsu Limited
"We are delighted that Fujitsu and MODON have signed an agreement to build and operate an environmental management system. I believe this contract was awarded in recognition of the value of the solutions offered by our all-Japan consortium, which, in addition to Fujitsu's ICT and environmental solutions expertise, includes the technologies of each member of the consortium. With this contract, we would like to contribute to improving the environment of Saudi Arabia's industrial cities and the future creation of an Eco Industrial City."

Eng. Saleh Al-Rasheed, Director General, MODON, Saudi Arabia
"MODON as a semi-governmental entity is responsible for the development of industrial cities with the integrated infrastructure and services; whereas MODON has established industrial cities in various regions in the Kingdom of Saudi Arabia. We are committed as MODON to create a harmonious relationship between industries and the environment, and this project is a stepping stone for MODON to take the lead for environmental management systems in all industrial cities."

About Fujitsu Limited

<BR /><BR />Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Over 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.5 trillion yen (US$54 billion) for the fiscal year ended March 31, 2012. For more information, please see www.fujitsu.com.

Contact:Fujitsu Limited Public and Investor Relations www.fujitsu.com/global/news/contacts/ +81-3-3215-5259

Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net


Author:
Hossam Abdel-Kader
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