SmartCity submits detailed planning application

SmartCity Malta has submitted the detailed planning application for phase one of its Ricasoli development.

Phase one, launched last week, will provide over 12,000 square metres of high quality office space primarily for ICT and media companies. SmartCity Malta's submission to Mepa also included a series of renderings portraying how Ricasoli will be transformed into a state-of-the-art, self-sustained knowledge-based township.

SmartCity Malta has also submitted a detailed environmental impact assessment and traffic impact study on the project, based on the government's and SmartCity's philosophy of sustainable development. The aim is to ensure that the right balance is struck between the various facets of the project.

SmartCity Malta will be part of a global network of knowledge-based industry townships that SmartCity seeks to develop. This global network will foster productive linkages and tap synergies between knowledge-industry centres worldwide, thereby contributing to economic development and the generation of high-value jobs, the company said.