Switzerland - based Movenpick Hotels & Resorts has signed a deal with Smart Properties , an affiliate of Future Development Holdings , to operate a hotel in Pakistan 's first smart city . Islamabad Capital Smart City Movenpick Hotel & Residences Capital Smart City , Karachi , is set to open in 2023 . The move expands Movenpick 's portfolio in the country to four sites , comprising the operational Hotel Karachi , the Centaurus Islamabad , set to open next year , and the Grand Hotel & Apartments Karachi , scheduled for completion in 2021 .
Switzerland - based Movenpick Hotels & Resorts has signed a deal with Smart Properties , an affiliate of Future Development Holdings , to operate a hotel in Pakistan 's first smart city . Movenpick Hotel & Residences Capital Smart City , Karachi , is set to open in 2023 . The move expands Movenpick 's portfolio in the country to four sites , comprising the operational Hotel Karachi , the Centaurus Islamabad , set to open next year , and the Grand Hotel & Apartments Karachi , scheduled for completion in 2021 .