KUALA LUMPUR: I-Bhd
said it is looking at improving operational efficiency and new technology-enabled revenue opportunities by making a broad shift towards embedding artifical intelligence and automation across i-City's core urban functions.
Towards this end, the property developer said i-City is increasingly integrating real estate, digital infrastructure and intelligent systems in a bid to transform the development into an AI-driven urban ecosystem.
Following the rollout of the AI World Experience Centre, i-Bhd is advancing its AI ecosystem through collaborations with Mesiniaga Bhd, Singapore-based TwinMatrix and China’s AgiBot. The partnerships are aimed at embedding robotics, AI agents, wellness technologies and intelligent building systems into a unified, continuously evolving urban framework.
"The board of directors believes this ecosystem approach will create new technology-enabled revenue opportunities while strengthening the long-term value of the group's property, hospitality and investment assets," said the group in a statement in conjunction with its 59th annual general meeting.
According to I-Bhd, i-City has a remaining development pipeline of about RM5bil, from which it will diversify its income beyond conventional property development.
Non-executive chairman Tan Sri Lim Kim Hong said the group remains focused on disciplined execution and cost management while investing in long-term structural opportunities.
He said the future is not just about smart homes but homes that understand the people who live in them.
"For more than two decades, we have focused on building destinations. Today, we are building intelligent environments where property, technology and everyday experiences come together to create lasting value.
"AI and robotics are not separate businesses for i-City – they represent the next layer of value creation that will enhance our existing assets and create new recurring income opportunities."
