Parliamentary process on shipyards sale starts tonight
The parliamentary procedure for the transfer of Malta Shipyards to Palumbo spa will start tonight when the government presents the relevant motion to the House.
The motion will first be debated by the House Audit Committee before being discussed in the full Chamber.
Finance Minister Tonio Fenech in comments this afternoon said he was calling for the debate to be concluded quickly so that workers who wished to apply to join the new company could do so as soon as possible, and Malta would have the shipyard that it deserved.
The minister said that Palumbo was ready to start operating as soon as the contract was finalised.
Malta Shipyards closed at the end of last month.
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I. Camilleri
Apr 22nd 2010, 07:42
To the people who agree with the decision to sell the shipyard, I agree. It was making a loss, but I wish someone explains this to me. Why are you all so happy to follow a political party who can not successfully manage a business (let alone a nation) ?!. correct me if im wrong, but with their mentality shouldn’t Malta itself be sold?
Frank Said
Apr 21st 2010, 22:04
The Government succeeded to sell the Drydocks. An enterprise which decades ago went bankrupt. And to keep its workers or to be precise the 8th. Army as KMB used to call them, in the job hundreds of millions of Maltese Liri had to be forked out of our pockets, us the taxpayers. Is the PL and its supporters blaming the present Government for having succeeded to relieve us, the taxpayers from paying out more from our pockets to keep a bankrupt enterprise on the nation's books? Is this what the progressive policies of the new PL contain? Is this what Dr. Joseph Muscat has for us in the pipeline? Is there anything new in such a strategy?
If it is so and I am afraid it is so, the Maltese will have
P. Schembri
Apr 21st 2010, 18:53
Sale of Dockyards? You mean giveaway of Dockyards Mr. Government!
lgalea
Apr 21st 2010, 18:43
ARE THEY BEING SOLD OR IS THE LAND AND EQUIPMENT BEING LEASED TO THE FOREIGN COMPANY FOR THIRTY YEARS?
DISGUSTING HOW THE GOVERNMENT ON EU ORDERS IS SELLING EVERYTHING THAT WE HAD, BUT GOD IS ALREADY PAYING YOU ALL BACK FOR YOUR DESTRUCTION OF ALL OUR ASSETS BY HAVING SO MANY DIFFICULTIES GOVERNING MALTA ACCORDING TO THE EU DIKTAT.
Fabian Borg
Apr 21st 2010, 17:01
KOLLOX BIEGH DAL-GVERN !!
TISTHI TGHID LI INTI MALTI MAN !!
P.Scicluna
Apr 21st 2010, 16:21
Whats the hurry Mr Minister?
This is very important debate which ends a 600 year of shiprepairing in Malta as owned by the Maltese. The debate is very important because it will be part of Malta's history. GonziPn will be remembered in history as the goverment closing down malta's primier industry
Keith Davis
Apr 21st 2010, 16:45
I think the government finally noticed that the shipyards in their hands will never be viable.
Unless the government makes people accountable for gross wrong doings and loss of profitability within their organizations, then privatization is the only way forward not to keep loosing money!
So well done to the government for finally taking a decision after so many decades of millions being thrown at an unsustainable and ill managed shipbuilding.
A. Zahra
Apr 21st 2010, 16:49
You are incorrect. GonziPN will be remembered as saving the shiprepair industry in Malta. No longer will Councils of the drydocks carry on a cold war against an elected government and indebit the country hundreds of million euros. No longer will workers of the same yard be used as tools by a to topple an elected government or to lose it an election as happened in 1970/71.
David Ganado
Apr 21st 2010, 17:25
I presume you meant to say: Malta's premier money losing industry
We should be grateful that this chapter is finally over. It's a pity this government didn't do this earlier on!!
Fabian Borg
Apr 21st 2010, 18:13
You seem all experts !! The Docks were one of the prime industries of Malta in the past. Why did they end up in that state? We all agree it was wrond admin and who is responsable for admin ? the owner. Who was the owner ? You know.
Let us hope that they are at least sold for the value of the land they cover. You all bought houses and know what space costs today let alone ground and airspace. You need to move around in a motorcyclye with the distances there are in there so you can all do the maths.......