Between
Industrial Automation Systems (IAS)
(Specialized in Industrial Automation Control, Digital
Transformation & AI Consultancy Services, and Project
Execution)
Purpose
This Agreement establishes a strategic twinning partnership to leverage complementary expertise in
industrial control systems, digital transformation consultancy, AI solutions, project execution, and electrical panel manufacturing. The Parties aim to: Deliver end-to-end solutions (consultancy to execution)
for automation and digital transformation.
Jointly execute turnkey projects integrating hardware, software, and AI.
Expand market reach in Saudi Arabia, Egypt, and target regions.
Cooperation Areas
a. Integrated Solutions: Combine GTE’s electrical panels with IAS’s automation systems, AI solutions, and consultancy frameworks.
b. Project Execution : Jointly execute industrial control, digital transformation, and AI projects for clients.
c. Consultancy Services: Provide strategic advisory in:
Industrial control system design
Digital transformation roadmaps
AI integration strategies
d. Knowledge & Tech Transfer: Share technical standards, project methodologies, and workforce training.
e. Market Collaboration: Co-bid for projects requiring consultancy, execution, and hardware integration.
Obligations
IAS:
Deliver consultancy services (controls, DT, AI).
Execute automation, DT, and AI projects.
Provide technical training and software integration.
GTE:
Manufacture and supply electrical panels.
Offer on-ground technical support during project execution.
Facilitate client access and local logistics.
Both:
Establish a Joint Steering Committee for project oversight.
Share resources for large-scale project delivery.
Quarterly performance reviews (virtual/on-site).
Confidentiality
All shared technical, commercial, or project-related data covered under a separate NDA.
- Intellectual Property (IP)
Pre-existing IP retained by originating Party.
Jointly developed IP (e.g., project designs, frameworks):
- Ownership proportional to investment (per project
annex). - Shared commercial rights to integrated solutions.
Term & Termination
- Effective upon signing; 3-year term (auto-renewable).
- Termination with 60 days written notice.