SmartCity Malta

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Smart City

Type	ICT and media park
Genre	Infrastructure Service Provider
Founded	10th September, 2007
Founder	TECOM Investments and Sama Dubai
Headquarters	Kalkara, Malta
Industry	Information Technology Business Park
Website	http://www.smartcity.ae/malta/

SmartCity is a planned technology park to be constructed in Kalkara, Malta. The plan is to transform the Ricasoli Industrial Estate into a state-of-the-art information technology and media city on the models of Dubai Internet City and Dubai Media City. The project was unveiled on 10th September 2007 by the Prime Minister of Malta, Lawrence Gonzi. The project will cost at least 275 million euros. The whole development, which covers an area of 360,000 square metres, is to be fully completed in 2021, although the first offices will be operating by 2009. ^[1]

1 Outline Planning
2 Photo Gallery
3 References
4 See also
5 External links

[edit] Outline Planning

On 23rd April 2008 it was announced that the decision by SmartCity Malta to allocate more space for its business park meant that this park would employ more than 8,500 people, when the agreed figure for employment there had been 3,000. Smart City Malta, would have the space to employ 11,000, making it one of the biggest economic concentrations in Malta. Smart City Malta formally submitted its outline planning application for the development at Ricasoli to the Malta Environment and Planning Authority (Mepa) on 29th April 2008. The submission includes a full Environmental Impact Assessment and Traffic Impact Assessment. SmartCity Malta has applied for up to 158,500 square metres of business space, which represents an increase of 54 per cent over the business space which Smart City Malta is contractually bound to develop. On the other hand, the gross floor area of the residential component has been reduced by 30 per cent, down to 60,000 square metres. In terms of the Outline Planning Application, the residential component makes up 19 per cent of the total gross floor area of the project. ^[2] The application also provides for a huge public open space of 118,000 square metres, to serve as a primary recreational area for neighbouring communities.