SmartCity submits application, expands business space

SmartCity Malta has formally submitted the outline planning application for its development at Ricasoli.

The submission includes a full Environmental Impact Assessment and Traffic Impact Assessment.

SmartCity Malta has applied to the Malta Environment and Planning Authority for up to 158,500 sq. m of business space in the ICT and media business park, which represents an increase of 54 per cent over the business space which SmartCity Malta is contractually bound to develop.

On the other hand, the gross floor area of the residential component has been reduced by 30 per cent, down to 60,000 sq. m. In terms of the outline planning application, the residential component makes up 19 per cent of the total gross floor area of the project.

The outline planning application also provides for a huge public open space of 118,000 sq. m, which shall serve as a primary recreational area for the neighbouring communities of SmartCity Malta.

Fareed Abdulrahman, SmartCity CEO and board member of SmartCity Malta and SmartCity Kochi, said the submission was "another important milestone in progress towards promoting SmartCity Malta as an IT/media destination.

"We are strongly committed to creating a world-class knowledge-based township in Malta and the structure of our submission is a clear proof of our intentions. This submission is the result of a lot of work carried out as a team by the two members of the joint venture, SmartCity and the government."