The Medine Group launched its Smart City project on 7th September. ‘Unicity’ will be developed on 823 acres of land and will comprise residential, business, leisure and educational components, developed along a Live-Work-Enjoy-Learn approach.

This project is part of Medine’s master plan for the development of the group’s land in the west of the island, in three phases. At the heart of the project is the development of an education cluster. The first phase is already completed and comprises, among others, a shopping mall, a Business Park, a primary and a secondary school and Student Life Residences. The Education Village hosts prestigious universities, including the Middlesex University Mauritius Branch Campus.

A new phase of the Business Park of over 8000 m² will be developed, as well as a sports complex comprising a ten-lane Olympic size swimming pool among other sports infrastructure. The residential development projects comprising villas, townhouses, retirement homes and affordable housing will start in 2018.

The total investment (development costs) for this smart city project is estimated at over MUR 35 billion over 25 years in three phases. MUR 9,273 million will be injected for Phase One (2016-2022), MUR 13,106 million for Phase 2 (2023-2030) and MUR 12,623 million for Phase Three (2030-2040).

The Smart Cities Scheme and other property development schemes in Mauritius have captured the interested of a number of international property developers. For more information about the Smart City Scheme and on how we can assist, please liaise with your usual contact person at ITL or write to us on info@intercontinentaltrust.com