7 days ago
I-Bhd commits RM10mil to AI, robotics rollout across income-generating portfolio
SHAH ALAM: I-Bhd , the master developer of I-City, has announced an initial commitment of RM10 million to roll out artificial intelligence (AI) and robotics infrastructure across its portfolio of income-generating assets.
In a statement, the company said the rollout, expected to be completed in 2028, will begin with the AI-Driven Enhancement at Mercu Maybank, a 33-storey corporate tower that serves as Maybank's alternate head office in i-City.
According to the statement, the implementation will extend to other assets, including Wyndham Suites I-City, Wyndham Suites KLCC, Wyndham Garden, DoubleTree by Hilton i-City, Central-City Mall, I-City theme park, car parks, a data centre, and residential developments in i-City.
"This rollout builds on the success of I-Bhd's pivot towards 'extracting value from the land', a strategy first introduced in 2024 to unlock long-term value from its RM10 billion gross development value (GDV) in i-City.
"With over 50 per cent of the completed GDV made up of income-yielding properties, the group is now entering a phase focused on performance optimisation, operational scalability, and intelligent infrastructure,' it said.
The statement added that the four-year technology roadmap is designed to embed automation into both internal operations and customer-facing experiences, including predictive maintenance, visitor flow management, and robotics-assisted service delivery across commercial, retail, and hospitality spaces.
"The group's i-City SuperApp will serve as the central platform for integrating Robotics-as-a-Service (RaaS) capabilities across its asset ecosystem, with future plans for tenants to tap into shared infrastructure to optimise their operations,' it noted.
The company also noted that it is currently in discussion with leading robotics and AI partners, including Unitree, DeepSeek, and Baidu, as it positions i-City as a scalable, AI-powered development.
Meanwhile, chairman Tan Sri Lim Kim Hong said the group is not only addressing current demand but also future-proofing its assets by developing an intelligent urban ecosystem where performance, user experience, and data integration are aligned to generate long-term value for stakeholders.
He added that the group has demonstrated its ability to generate recurring income and is now strengthening that foundation with intelligent systems designed to improve efficiency, adaptability, and long-term resilience across its assets.
"AI and robotics are the next frontier in driving value from our ecosystem," he said. - Bernama