In Pictures | First SmartCity block inaugurated
Prime Minister Lawrence Gonzi has officially inaugurated the first block at SmartCity Malta, in Ricasoli.
Meridium, a Virginia-headquartered asset performance management (APM) software provider, is to become the first SmartCity tenant and will base a four-member team at Smart City Malta next month.
Meridium is a software engineering services company offering a full enterprise solution: its client portfolio includes names such as Chevron, LyondellBasell, Marat hon Oil and Anglo Platinum.
The 12,000 square metres of office space together with a sophisticated underground infrastructural system which is expected to serve most of the US$300m IT township, was officially inaugurated by Prime Minister Lawrence Gonzi.
"We are today witnessing the beginning of a renaissance for this area, for Malta and for our economy. SCM01 is yet another symbol of Malta's investment attractiveness, strong economic fundamentals and potential. Whereas in the past we spoke about the challenges of insularity, today we speak about the opportunities of connectivity. SmartCity Malta is such an opportunity," the Prime Minister said.
“We are witnessing the realisation of a dream. A dream which sees Malta become a regional and global player in ICT ." he said.
Ahmad Bin Byat, CEO of Dubai Holdings, the owners of SmartCity Malta, said he had vivid memories of the launch of Dubai Internet City 10 years ago.
"I see similar energy, commitment and enthusiasm to make SmartCity Malta, our first overseas project. "
"We seek to develop SmartCity Malta into a major new centre of excellence for knowledge based companies. The entire development is designed to enable knowledge-based companies to maximise their growth potential. While companies will benefit from high-quality infrastructure and support systems, knowledge workers will have an ideal environment in which to work, network and exchange ideas and information. I believe SmartCity Malta will make a significant contribution to Malta’s economy, by opening up new development avenues, specifically in the IT and IT-enabled services sectors,” Bin Byat said.
Also present was Infrastructure and IT minister Austin Gatt.
SMARTCITY MALTA SCM01 INAUGURATION IN PICTURES (PHOTOS: DOI)