The Government of Malta and Tecom Investments of Dubai signed the agreement setting the operational framework for the establishment of SmartCity@Malta.
An estimated Lm110 million worth project, SmartCity@Malta is expected to transform the current Ricasoli Industrial Estate into a state-of-the-art ICT and Media Park on the models of Dubai Internet City and Dubai Media City devised, owned and operated by Tecom Investments. The Heads of Agreement were signed at the Ministry for Investment, Industry and Information Technology in Valletta, between the Minister for Investment, Industry and Information Technology, the Hon. Austin Gatt for the Government of Malta and Tecom Chairman and CEO, Mr Ahmad Bin Byat, for Tecom Investments.
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