GloGreen Global, an R&D company specialising in building technologies, has teamed up with developer TPT Global Tech to construct a “smart city” multi-purpose business park in Tuskegee, Alabama.
The robotic manufacturing facility is expected to open mid 2023 and is expected to create 500+ high paying jobs for the city.
GloGreen will work with TPT to have the first factory funded through the company’s ICO (Initial Coin Offering) launching this fall.
The partners are currently in negotiations with the City Counsel of Tuskegee for the initial 15-acre parcel which will be included in the TPT Global Tech Smart City Master Plan.
The partners are also expected to collaborate on “Smart City” infrastructure, consisting of new transportation capabilities, renewable energy and waste management technologies, telecommunications services.
Angelo Farruggia, founder of GloGreen Global strategy, said: “GloGreen Global’s focus since its inception has been on redefining real estate development and its technological capabilities.
“Together with TPT, we will be showcasing our ability to construct state-of-the-art facilities that aim to reinvent the world of construction and real estate while helping to bring jobs and a better economic future to Tuskegee.”
Image credit: PopTika/Shutterstock
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