Bucharest Technology & Information City

The key element of the development would be an Information Technology private University to fill the current market gap of highly trained and qualified professionals the IT&C Multinational Corporations explosive growth in Romania require. The Excellence and Training Center would provide a strong base to emerging as a regional hub for Training and Specialized Certification Education.

While the Public Authorities support and state Universities involvement would be sought, the structure and operation of the Education arm of the Bucharest Information and Technology City shall be private, insuring thus access to international education alliances and also providing high-quality and specific targeted education services.

The university is designed for 4,000 students within an iconic hard-drive style building for administration offices, library and laboratories. The residential campus together with sport facilities for students is close connected with the University. Also an advanced research centre shall fit near the University.

A Business Incubator would be connected to the Research and Development facilities to insure a smooth and efficient implementation for specialised high-tech pilot projects and spin-offs with a high degree support in terms of technology and patent absorption from the IT&C Corporations.

The office buildings zone would be connected to the university campus and corporation's HQ's area.

The 20 stories tower building will have many facilities like, conference centre, banking facilities, office spaces, restaurants, shopping centres and a heliport above the building.

A Business hotel with sport and leisure facilities and also the parking spaces will serve as accommodation for Bucharest Technology and Information City. The central park would provide a lively yet environmental friendly resort.

The most attractive transportation way will be the monorail circuit that will link project sections and HQ's as an integrated technology advanced and carbon-free transportation mode.

THE MARKET

Romania is positioned in the World's top 10 in terms of IT&C sector growth, according to World Information Technology and Services Alliance - WITSA.

Until 2009 the IT&C sector registered over 25% yearly growth boosted by highly qualified English speaking University graduates and supported by Government's fiscal incentives for IT&C industry.

While the Romanian IT&C industry turnover exceeded USD12 billion, the IT&C exports stretched over USD4 billion.

The IT&C industry contribution to GDP was almost 3.2% in 2010. The sector was recovering with a healthy 10% increase in turnover generated by software and services sector exports in 2010 despite the economic turmoil, and is expected to grow faster in the next years.

Romanian education system is largely recognised as one of the best in the world of IT&C. Romanians are the 3rd largest native's community in Redmont's Microsoft Offices and 4th for US Google HQ's. Over 5,000 university graduates are absorbed by the market every year.

COMPETITIVE ADVANTAGES

• Competitive IT&C Professionals and University graduates;
• High degree of English literacy;
• Romania as regional Hub for outsourcing and operations for major international players;
• Over 5,000 university graduates absorbed by the market every year;
• Government's fiscal incentives for IT&C industry.
• First Private IT&C University to fill skilled labour force gap - major international players' expansion in the region
• Western Bucharest location; Motorway, train and airport access; Residential and university area nearby;


THE PARTNERSHIP PROPOSAL

The Bucharest Technology and Information City opportunity would be operated as a Technological Park is well suited to internationally established investors looking to diversify in Romania's emerging market and establish a strong foothold into EU market.

The land bank IMPACT Developer & Contractor secured is matched only by its operational strengths and local development knowledge:
• An experienced management team;
• A professional team of architects and engineers;
• Excellent authorities relationship management;
• In-depth knowledge of the Romanian market.

The ideal Partner would:
• Co-invest as equity partner and enhance debt exposure of the project;
• Bring strategic edge and international facility management operations know-how access;

Contact person:
Mrs. Oana Trifu
oana.trifu@impactsa.ro