Aid to tourism

I refer to the editorial of August 24. I would like to make the following clarification. The total value of the project, which was also mentioned during the launch of the Grand Scheme for Tourism Enterprises 2004-2006 is of €2.5 million, equivalent to...

I refer to the editorial of August 24. I would like to make the following clarification. The total value of the project, which was also mentioned during the launch of the Grand Scheme for Tourism Enterprises 2004-2006 is of €2.5 million, equivalent to over Lm1 million. This includes the input from three sectors as follows:

¤ 35 per cent from EU Structural Funds, specifically from the European Regional Development Fund (ERDF);

¤ 25 per cent from government of Malta funds; and

¤ 40 per cent from private sector funds (i.e. the applicant).

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