PM opens SmartCity with promise of ‘renaissance’
Fireworks usher in “the realisation of a dream that sees Malta become a regional and global player in ICT”, as SCM01 takes shape. Photo: Darrin Zammit Lupi
SmartCity Malta’s first office block was inaugurated yesterday, three years after the announcement of the ambitious project held out as the country’s “biggest foreign direct investment”.
The project at Ricasoli is some 12 months ahead of schedule, with the opening of the block marking the end of the first phase and paving the way for four new buildings.
Spread over 12,000 square metres, offering “smart” office space for international and local companies, SCM01 marked “the realisation of a dream that sees Malta become a regional and global player in ICT”, Prime Minister Lawrence Gonzi said at the inauguration.
The milestone, he said, marked the “beginning of a renaissance period for the area, for Malta and for our economy”.
The state-of-the-art building was a symbol of Malta’s investment attractiveness, he said at the ceremony described as celebrating an “economic and national transformation”.
But SmartCity Malta also needed to be accompanied by strategic reforms at a national level that would allow the economy to embrace the transformation. Its success and the ability to continue attracting foreign investment depended on the capacity to continue providing skilled human resources, Dr Gonzi said.
Infrastructure and Communications Minister Austin Gatt thanked the many stakeholders, who “recognised Malta for what we believe it is: a place to do business, work hard, take risks, prosper and share that with employees, suppliers, contractors and the community”.
Malta, he said, was emerging from the financial crisis by inaugurating “a new city whose mission is business and whose vocation is jobs for those who want to do what the tough are good at: work hard and live well”.
With a minimum investment outlay of US$300 million, SmartCity Malta is expected to generate 5,600 jobs and create 158,830 square metres of office space for ICT and media operators. It was the first overseas project of Dubai-based Tecom Investments, which launched Dubai Internet City, its first business park, 10 years ago.
Tecom Investments is a subsidiary of Dubai Holding, whose CEO Ahmad Bin Byat yesterday said the building was testimony to the strong bond that existed between the company and the government.
The infrastructure, he said, was only the beginning and the work to reap the economic benefits had just started. The aim was to develop SmartCity Malta into a major new centre of excellence for knowledge-based companies.
It was equipped with the most advanced and reliable ICT and power infrastructure in Malta, with a network of dual fibre optic cables for telecom services and dual power supply installed throughout the township to ensure business continuity.
Following the inauguration ceremony, which ended with a fireworks display, the Prime Minister and Dr Gatt toured the building, accompanied by Tecom Investment Group CEO Abdullatif Al Mulla and SmartCity CEO Fareed Abdulrahman.
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c camilleri
Oct 12th 2010, 07:42
Yes Gonzi, barely 24hrs after your famous "renaissance" promise 30 minutes rain provoked a road collapse in Ghadira. This is what I call Smart Malta 2010! We pay extortionate Annual Road circulation taxes, high fuel prices, cheeky VRT tests and this government can't ensure the safety and worthiness of our roads. How can you expect foreign investors to come to Malta? What is their incentive? the utility tariffs? the infrastructure? the tax regime? the courts? value for money? standard of living? the environment? the property? the powerstation? what?
BTW, I will start considering believing in this "renaissance" when finally we see Smart City booming with the "promised" odd 5,000 MALTESE jobs!
Paul Smith
Oct 11th 2010, 20:58
I wish Malta all the luck in the world with this project, but lets face reality, who's coming to fill up these office blocks and provide the jobs? Wage arbitration and globalization have rendered even Maltese wages high. You can probably get 20 Chinese for the cost of one maltese worker a day. So effectivley, Malta cannot compete as a manufacturing base anymore - so turns to the service sector or the knowledge economy, problem is, protectionism is coming. Not only that, the rest of the world is skint, so exports are diminished even in the service economy, throw into the mix, that by the time the project is finished your water table will be so diminished and energy imports will be extremley high due to production constraints (see Peak Oil) I can only assume that this project is a white elephant and a hubris to 21st century mans folly, what you should be doing is preparing your country for energy scarcity during this decade
c. camilleri
Oct 11th 2010, 17:56
Malta always prospered under Nationalist's Governments. The amount of investments coming here is unbelievable when all over Europe is under economic siege. This is all due to the wisdom of running the country by successive Nats's Government. All those crying for change should beware less the change will undo all that has been achieved.. And then it will be too late to amend.
mariopandolfino
Oct 11th 2010, 15:55
Qatt ma rajt daqsekk progeti kollha jigu imwetqa hawn Malta hlief fis-sixties ukoll fi zmien il PN taht George Borg Olivier meta inbnew mal 100 lukanda u xi hames industrial estates revers osmosis,universita u hafna u hafna progeti ohra . Prosit u komplu kabru il gid halli jgawdi kulhadd Nazzjonalisti , Laburisti , il Hodor,u ta Lewel ukoll. Prosit tal programm.
T Camilleri
Oct 11th 2010, 23:37
mariopandolfino tahseb li n-nies jinsew pandolfino? Fi zmien il-PN tas-sittinijiet apparti l-hnizrijiet li kienu jsiru, Laburisti ma kinux jigi mpjegati u jinghataw priojorita biss fl-emigrazzjoni biex jehilsu minnhom minn Malta. Il-fabbriki u l-lukandi kienu jhaddmu l-haddiema bis-soldi u n-nisa bi kwart jew terz tal-paga ta' l-irgiel. Fis-sittinijiet il-PN kien gab biss il-lampik, distillatur biex jaghmel l-ilma helu mill-ilma bahar li kien jigi jiswa daqs il-whisky minflok ra kif jaghmel halli l-ilma tax-xita ma jibqax sejjer il-bahar kif qed jerga jsir issa. L-universita' ha l-art minghand sidha u lanqas hallsu ghax ried jaghtih is-soldi ghall-art li tiswa l-miljuni u s-sid kellu jiftah kawza u ghandi dubju jekk kinitx inqatet. l-ikbar progett kien l-emigrazzjoni biex jehles mil-Laburisti, it-tradiment tal-partiti l-ohra ta' taht l-umbrella, bazuzlizmu bhalma qed isir illum, biex jaghtuk ix-xoghol ommok jew zitek riedet tizfen ma xi hadd, is-sinjali homor maghmula mill-kappillani halli l-Laburisti ma jinghatawx xoghol....
A.J.Borg
Oct 11th 2010, 15:00
Did I hear renaissance coming up? It means we're living in the Dark Ages right now?
Jon Attard
Oct 11th 2010, 14:11
A renaissance requires much much more than just an empty block of buildings that has come late (almost 1 year late, in fact) relative to the original plan.
A renaissance requires a change in mentality on arts, and artistic expression unhindered by fanatical views of religious zealots, which the PM seems to be condoning by not condemning.
I honestly hope that the PM's over-optimistic mood is not alluding to the sort of renaissance that Dubai experienced. After all they sunk in their debts and Abu Dhabi had to bail them out. If that happens, we have no Abu Dhabi to bail us .... only the EU, and we know on what conditions they bail countries out on.
tony fava
Oct 11th 2010, 13:47
I am more than sure that for the time being only a handful of blue-eyed boys will be employed. Then when the general election date is near, the floodgates to employ the promised thousands will be flung wide open.
S camenzuli
Oct 11th 2010, 13:41
Ok, issa infetah, bnejna block bini iehor u zidna ma l-eluf ta blokkok li hawn Malta, bravi, issa fejn huma l-eluf taimpjiegi li weghduna dawn l-gharab??
Dion borg
Nov 4th 2010, 11:55
..inawgurajna Smart city fi 10/10/10..illestew r reception u l conference room..u l pastazata ta xoghol huwa "state of the art"...!!..kollox qed jerga jinqala' u jigi irrangat ghax m'hemm xejn sew..inkluz "l Injama" ta fuq r reception li suppost Arti li swiet £60,000 u li 99% se tinqala' u tintrema..!!..mela ma tghallimniex mill Mater Dei...x'hela ta flus..Viva Gonzi...!!!!!!!!!
m. borg (slm)
Oct 11th 2010, 12:16
What this newspaper failed to mention that the first office to open and that around January 2011 will have 4, yes four employees.
What I would like to know is how many of those four will be Maltese. As regards gonzi keeping his promise I can't see what promise , we were promised much more jobs by this time, and gonzi did not do any of the construction work.
Speaking a the renaissance, the last one that happened came about after the dark ages Mr. Eric Ghahn you are simply admitting that either Eddie Fenech Adami or his protege gonzi have sent us back in time.
I will congratulate the building of Smart City when the thousands of jobs promised in IT are made available to our children, inaugurating an empty building amounts to nothing, you can find hundreds of them around the island Starting from Tigne Point up to Mellieha you find many new buildings, unoccupied.
R.Borg
Oct 11th 2010, 11:57
Ma ninsewx li l-GHIRA:
iddallam il-mohh,
taghmi lill-ghajnejn,
twebbes il-qalb,
toqtol il-gid.
Mela allura nwarrbu dan in-negattiv fil-genb u nimxu l-quddiem flimkien ghall-gid!!!
R.Borg
Oct 11th 2010, 11:48
A Prayer:
"Aghti kbir Alla,
id-dehen lil min jahkimha,
Rodd il-hniena lis-sid, is-sahha lill-haddiem,
Seddaq il-ghaqda fil-Maltin u s-sliem."
A big thank you to all those involved in the project.
J'Alla dejjem il-gid, jaghmlu min jaghmlu.
M. Azzopardi
Oct 11th 2010, 11:33
Another promise kept by GONZIPN.....and there where those from the emblem changing party who were telling us that this project would not be realised....well done Dr. Gonzi...keep on being positive.....the NO party will always remain the NO party ...NO matter what...
T Camilleri
Oct 11th 2010, 13:21
M. Azzopardi let's wait and see whether it will employ Maltese workers or cheap third-world country imported labour.
N.Farrugia
Oct 11th 2010, 15:48
So very true. And the Leader of the Opposition together with his wife had the cheek to sit front row during the ceremony, as if it wasn't his party that was very sceptical about this great project! Maybe at last he saw the light!
Eric Gahn
Oct 11th 2010, 11:21
I have no doubt our beloved PM is leading us to the renaissance - the one that happened in the 1500's. And after that, God willing another election win, we look forward to going through to the bronze age, stone age and if things work well enough even devolve back to fish and perhaps slime. Thank you so much Dr Gonzi.
C. Camilleri
Oct 11th 2010, 11:46
HAHAHA you made my day!!!!
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