Bill Gates Bought a Large Plot of Land in Arizona to Build a Smart City of the Future (Video)

Source: Twitter

One of the Investment Companies, owned by Bill Gates, made USD 80 million worth of investment in land which is 45 minutes away from Phoenix, Arizona. It is a desert location with the conditional name Belmont, which in the future will become an innovative city of the future, reports kaldata. 

The area of ​​the purchased plot, intended for the construction of the smart city, is about 10,000 hectares. Next to it runs the highway linking Phoenix to Las Vegas. A press release from the Belmont Partner investment group says Belmont will be building a modern community with the latest communication and infrastructure using state-of-the-art technologies based on high-speed digital networks, datacenters, new production technologies , autonomous transport and others.

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