 In May 2018, it was revealed that Malta Properties Company was in talks with SmartCity (Dubai) to acquire its majority shareholding in SmartCity (Malta).In June 2018 the Planning Authority announced that it was considering changes to the master plan for the rezoning of certain areas for residential development, possibly indicating that the project for an ICT village was being abandoned and replaced with plans for a residential area.On 23 April 2008 it was announced that the decision by SmartCity Malta to allocate more space for its business park meant that this park would employ more than 8,500 people, when the agreed figure for employment there had been 3,000.