TECOM Investments' first overseas business park - The stepping stone to Europe and North Africa

Dubai, 23 May, 2010: A 30-day marketing campaign promoting Malta and SmartCity Malta is taking place within all TECOM business parks until June 20 to highlight the benefits of operating from SmartCity Malta.

The campaign, "TECOM Investments' first overseas business park - Your stepping stone to the EU and North Africa", focuses on Malta's vision in becoming the ICT centre of excellence in the Mediterranean region, as well as the potential that exists within SmartCity Malta for companies seeking to gain a presence and market share in Europe and North Africa.

The awareness drive is aimed primarily at TECOM Business Partners in Dubai Internet City, Dubai Media City and Dubai Knowledge Village, and seeks to create further awareness about the network of opportunities that SmartCity offers.

The campaign also focuses on the Maltese ICT and media industries and the advantages of the island's strategic location, as well as the benefits of its European Union membership and its proximity and close commercial links with North Africa.

SmartCity Malta's initial investment of US $300 million, makes this project the largest foreign investment initiative in the ICT sector in Malta. It is projected to generate more than 5,600 job opportunities. 

SmartCity Malta's first building, SCM01, will be launched this year on October 10.  SCM01 is made up of 12,000 sqm (circa 120,000sqft) of intelligent office space and will be home to international, regional and local Maltese ICT and media companies. 

Once complete, SmartCity Malta will be a self sustained township that will cater to a vibrant knowledge-economy community. The project will generate a great variety of opportunities and a number of jobs in countless fields beyond the ICT and media spheres. SmartCity Malta will also feature shopping boulevards, residential areas and 1 km of Mediterranean Sea-front views, which will enable Ricasoli - the location of the project - to become the region's premier business destination.

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About SmartCity
SmartCity is a conglomerate promoted by Dubai Holding member, TECOM Investments, to develop and manage Knowledge Industry Townships Worldwide.

The vision of SmartCity is to create a global network of self-sustained business townships to foster the knowledge economy.

SmartCity utilizes TECOM's specialised expertise, in the creation and management of knowledge based industry clusters to create an infrastructure and environment catered to the requirements of knowledge based companies and knowledge workers.

SmartCity has a significant impact on the economies in which it is established and creates vibrant knowledge economy communities which are anchored by leading global, regional and local names in the industry to facilitate knowledge transfer and job creation. 

SmartCity is based on the successful models of Dubai Internet City, Dubai Media City and Dubai Knowledge Village and provides state-of-the-art infrastructure, environment and support systems that promote the growth of knowledge-based companies.

SmartCity also creates a global network to assist its business partners to tap into various markets, opportunities and talent.  SmartCity Kochi, along with SmartCity Malta, are the first two projects to be part of the global network of knowledge-based industry townships that SmartCity seeks to develop. This global network fosters productive linkages and taps into synergies between knowledge-industry centres worldwide.

About SmartCity Malta 
SmartCity Malta is a self-sustained industry township for knowledge-based companies located in the Ricasoli Estate in Malta.

To be developed by SmartCity, in partnership with the Government of Malta, SmartCity Malta will be home to a vibrant knowledge-economy community anchored by leading global, regional and local companies. SmartCity Malta is set to become the leading ICT and Media cluster in the heart of the Mediterranean and the first European outpost of the global SmartCity network.

With a minimum investment outlay of US $ 300 million, SmartCity Malta will transform Malta into a state-of-the-art ICT and Media business community based on the successful clusters of Dubai Internet City, Dubai Media City and Dubai Knowledge Village.

SmartCity Malta is the largest ever foreign direct investment in the ICT and media sectors ever made in Malta. SmartCity Malta will create the infrastructure to develop a self-sustaining knowledge-based township comprising office space, residential and lifestyle elements. The project is expected to generate 5,600 jobs and create a total of 158,830square meters of office space to host ICT and Media operators.

The first deliverables from the project will be the release of 12,000 square metres of office in 2010.  

For further information, please contact:
Adriana Gaya
SmartCity
Tel: + 971 4 361 6663
Email: Adriana.gaya@smartcity.ae

© Press Release 2010