Signify Egypt Signs MoU with Paragon to Power Smart Building Transformation
Signify Egypt, the global leader in lighting innovation, has signed a strategic Memorandum of Understanding (MoU) with Paragon Developments to implement cutting-edge smart and sustainable lighting solutions across all current and future real estate projects by Paragon in Egypt.
This landmark partnership aligns with Egypt’s broader push toward sustainable urban development, leveraging smart building technologies and energy-efficient systems to improve environmental performance, user comfort, and operational efficiency in modern real estate projects.
Energy-Efficient Lighting Solutions to Drive Sustainability
Under the agreement, Signify Egypt will deploy a full ecosystem of IoT-enabled LED lighting solutions, designed to reduce energy consumption by up to 80% compared to conventional systems.
The solutions will also meet rigorous environmental standards, being PVC-free, RoHS-compliant, and fully recyclable—reinforcing Paragon’s mission to align its developments with international green building standards.
“Lighting is no longer just a technical component—it’s a catalyst for transformation in how we live and work,” said Mohamed Saad, CEO of Signify Africa.
“Through this partnership with Paragon, we’re combining innovation, sustainability, and user experience to reshape Egypt’s real estate landscape.”
Training and Digital Integration to Enhance Efficiency
As part of its commitment to knowledge transfer, Signify Egypt will provide technical training and ongoing support to Paragon’s teams to ensure seamless integration and maximum performance of the smart lighting systems.
These efforts will focus on smart workspace design, natural light simulation (Skylight sensors), and 3D-printed lighting components that allow for customization and reduced carbon footprint.
Redefining Real Estate Through Regenerative Design
Commenting on the partnership, Eng. Bedeir Rizk, CEO of Paragon Developments, emphasized the significance of strategic alliances in implementing the company’s regenerative development philosophy—aimed at creating urban ecosystems where work, life, and culture coexist harmoniously.
“At Paragon, we view real estate as a long-term responsibility, not just a construction process,” Rizk stated.
“This collaboration with Signify is a direct expression of our commitment to Egypt’s Vision 2030, integrating sustainable and smart technologies at every stage of development.”
Expanding Smart Lighting Integration Across Mixed-Use Projects
The partnership also includes a roadmap to scale smart lighting systems across a broad portfolio of mixed-use developments managed by Paragon.
Both companies envision expanding the scope of collaboration to include more advanced digital lighting innovations that improve user wellbeing, energy performance, and urban livability.
By uniting Signify’s global expertise with Paragon’s innovative approach to urban development, this MoU represents a forward-thinking model for eco-conscious real estate in Egypt and the wider region.
