Presight to Transform Albania with AI-powered Smart City Solutions
Deal News | Feb 24, 2025 | Zawya
In an innovative stride toward digital transformation, Albania has partnered with Presight, a leading global entity in big data analytics powered by artificial intelligence, achieving a pivotal step toward becoming a smart nation. Under the agreement, Presight will implement AI-driven smart city solutions across 20 cities in Albania, transforming urban infrastructure, modernizing public services, and enhancing traffic management. The engagement was formalized in Tirana with notable dignitaries present, including His Highness Sheikh Mohamed bin Zayed Al Nahyan and the Prime Minister of Albania, Mr. Edi Rama. This initiative places Albania at the forefront of AI adoption in Europe by integrating advanced command centers and smart city platforms that streamline public services and bolster emergency response efficiencies. By leveraging insights from similar projects in Abu Dhabi and the UAE, the project promises substantial benefits such as reduced urban travel time and improved sustainability. Presight, backed by Abu Dhabi's G42, stands committed to ethical and transparent use of AI, furthering Albania's digital transformation ambitions while ensuring community well-being.
Sectors
- Technology
- Public Sector
- Urban Development
Geography
- Albania – The project is to be implemented across 20 cities in Albania, transforming its urban landscape.
- United Arab Emirates – Presight is based in the UAE, and significant figures from the UAE were involved in the signing ceremony.
Industry
- Technology – Involves innovation through AI and big data analytics to transform urban infrastructure and public services.
- Public Sector – Engagement involves the Albanian government aiming to improve public services and infrastructure with advanced technologies.
- Urban Development – Focus on AI-powered smart city solutions to enhance urban environments across Albania.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Presight | Project Implementer | Company | A public company specializing in AI-driven big data analytics, leading this smart city initiative. |
| Ministry of Interior, Albania | Government Partner | Government | Albanian government body engaging with Presight to implement the smart city project. |
| His Highness Sheikh Mohamed bin Zayed Al Nahyan | Attendee | People | President of the United Arab Emirates, present during the signing ceremony. |
| Mr. Edi Rama | Prime Minister | People | Prime Minister of the Republic of Albania, present during the signing ceremony. |
| Dr. Sultan Ahmed Al Jaber | Chairman | People | UAE Minister of Industry and Advanced Technology, and Chairman of the Board of Directors of Presight. |
| Belinda Balluku | Deputy Prime Minister | People | Deputy Prime Minister of Albania, involved in the engagement. |
| Ervin Hoxha | Minister of Interior | People | Albania's Minister of Interior involved in the agreement. |
| G42 | Majority Shareholder | Company | Proprietor company based in Abu Dhabi and majority shareholder in Presight. |