Developers form association

The Malta Developers Association was officially constituted at a meeting held last Thursday, with over 60 Maltese and Gozitan real estate developers signing up as founder members.

Architect Michael Falzon was unanimously elected to head a nine-member council, including one member from Gozo.

The MDA’s statute was drawn up by lawyer Robert Abela.

Mr Falzon said the MDA was to be the voice of developers in dealing with the government, the planning authority, other regulators and the media.

He said one of the association’s first initiatives was to introduce a code of ethics, by which members would have to abide.

It would also be seeking changes to legislation, including the Civil Code, in relation to common walls and airspaces in order to clarify “certain contradictory court judgments”.

“The MDA is in favour of stability and the elimination of uncertainty, especially with the issue of building permits. The association is not against increased regulation but against the way such regulations are introduced, catching people unawares,” the association said.