 | |
| Company type | ICT and media park |
|---|---|
| Industry | Information Technology Business Park |
| Genre | Infrastructure Service Provider |
| Founded | 10 September 2007 |
| Founder | TECOM Investments and Sama Dubai |
| Headquarters | , Malta |
SmartCity is a technology park under development in Kalkara, Malta. The original plan was to transform the Ricasoli Industrial Estate into an information technology and media city on the models of Dubai Internet City and Dubai Media City. The project was unveiled on 10 September 2007 by then Prime Minister of Malta, Lawrence Gonzi. The project was estimated to cost at least €275 million. The whole development, which covers an area of 360,000 square metres, was planned to be completed in 2021, although the first offices opened in 2010.[1]
In May 2018, it was revealed that Malta Properties Company was in talks with SmartCity (Dubai) for the latter to acquire its majority shareholding in SmartCity (Malta).[2] In June 2018 the Planning Authority announced that it was considering changes to the master plan for the rezoning of certain areas for residential development, possibly indicating that the project for an ICT village was being abandoned and replaced with plans for a residential area.[3]
- ^ "SmartCity Malta opens first state-of-the-art building". 10 October 2010. Archived from the original on 18 July 2012.
- ^ Ltd, Allied Newspapers. "Malta Properties in talks to buy SmartCity majority stake". Times of Malta. Retrieved 2 August 2018.
- ^ Ltd, Allied Newspapers. "Smart City developers revise complex... and circumvent limitations". Times of Malta. Retrieved 2 August 2018.