Malta Prime Minister to unveil SmartCity model in Dubai

Prime Minister Lawrence Gonzi and Minister for IT & Investment Austin Gatt are heading a government delegation that leaves today on a two-day official visit to Dubai.

At a presentation that will be made at the Dubai Internet City Zone’s stand at the Gitex Technology Week, the largest information technology trade event in the region and one of the major annual IT events in the world, Dr Gonzi will unveil a model of SmartCity Malta tomorrow.

Dr Gonzi will give details of the biggest foreign investment the island has ever seen. The project is expected to create 5,600 jobs over eight years and promises to transform the derelict Ricasoli Industrial Estate into a state-of-the-art ICT and media business community.

The SmartCity Malta model shows how the project will actually look once it is completed. The model will illustrate in detail how the various components drawn up in the master plan agreed to between the government and SmartCity Malta will take shape.

Meanwhile, SmartCity, a new global company that seeks to develop a worldwide network of self-sustained industry townships for knowledge-based companies, based on the successful models of Dubai Internet City and Dubai Media City, launched its global corporate identity yesterday.

SmartCity’s logo reflects its global network and its vast future growth opportunities. All its international projects will incorporate this logo into their own brand identities.

A joint venture between TECOM Investments and Sama Dubai, SmartCity is currently developing SmartCity Malta and SmartCity Kochi, knowledge-based industry townships based in Malta and the southern Indian state of Kerala. It is also examining several other locations with a view to developing similar knowledge-based clusters.

SmartCity projects will bring significant economic benefits both through direct development and indirect multiplier effects. SmartCity Kochi, set to be one of India’s largest knowledge-industry parks, has the potential of generating more than 90,000 jobs.

Based on the successful cluster models of Dubai Internet City and Dubai Media City, each SmartCity project will provide a state-of-the-art business-community infrastructure for knowledge-based companies. In addition, it will also provide a one-stop-shop of business support services and a range of retail, hospitality, and residential and recreational facilities.

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