BMIT will be investing €3 million in a new data centre at SmartCity Malta.

The investment will drastically increase Malta’s data centre capacity and further consolidate BMIT’s position as Malta’s largest data centre provider.

It is one of a series which BMIT will be announcing over the next 12 months in relation to the expansion of its data centre, cloud and internet connectivity capabilities.

During an on-site presentation, BMIT CEO Christian Sammut explained that the new data centre would a capacity of 146 racks, all installed and immediately available, enabling a quick turnaround to customers across a wide range of industries, including online gaming, financial institutions, IT companies and SMEs.

Investment Minister Chris Cardona said the investment was important not just for the company but also for the business sector.

"The services provided by BMIT are crucial for any business operating within our islands. Such services allow the government to further entice other companies to invest in Malta, while providing existing companies with state of the art services," he said.

The data centre will be built by a team of Maltese and international companies, led by a leading providers of critical infrastructure for data centers, communication networks, healthcare, and industrial facilities worldwide.