
SmartCity Malta with an equivalent investment of US $300 million will transform the Ricasoli Industrial Estate in Kalkara Malta into a state-of-the-art ICT and Media business community based on the successful models of Dubai Internet City and Dubai Media City.
SmartCity Malta is the largest ever foreign direct investment in the ICT and media sectors ever made in Malta and is expected to generate over 5,000 jobs. SmartCity Malta will create the infrastructure to develop a self-sustaining township comprising office space, residential and lifestyle elements.
Development has already started.