Piano’s City Gate project ‘on target’
But financing is still unclear
The smoothened limestone columns of the old Opera House stand in sharp contrast to the dark steel pillars which will frame Malta’s new Parliament building.
Standing on the rooftop of Bank of Valletta’s offices, the view is striking. The Grand Harbour can be seen on the left, Sliema’s Tigne Point to the right and the imposing Floriana church in the distance, straight ahead.
Without City Gate, the whole thing area exudes a sense of openness and continuity.
And bang in the centre, workmen with yellow hats work tirelessly on Renzo Piano’s project, where the public is kept guessing what lies behind the surrounding red panels.
“The project is definitely on target and within budget,” says Infrastructure Minister Austin Gatt, who yesterday gave an update to the media from the BOV premises. The deadline is 2013, which should coincide with the next general election.
The “sub-structure” of the Parliament is finished and the work has now moved to the first floor of the building.
Meanwhile, the Valletta police station which used to stand adjacent to BOV has been completely demolished and its former foundations are being carefully excavated to house part of the underground backstage premises to the open-air theatre which will be built within the Opera House ruins.
A statue of Grandmaster De Valette will be the main focus of the piazza which will be built above the backstage area.
“Very satisfied” with the pace of the work, Dr Gatt says this is a prime example of how a major project can be built without creating too much inconvenience for the public.
So far, around 20 per cent of the €80 million budget has already been spent but Dr Gatt could not quantify, in percentage terms, how much of the project has been concluded, since it has so many different facets.
So how exactly is the project being financed?
“You’re going to have to ask [Finance Minister] Tonio Fenech... I’m really not involved in that aspect,” Dr Gatt replies.
But Mr Fenech’s spokesman did not elaborate much further, saying only that the project financing will be administered by the National Investment Fund.
“This fund will be built up from commercial rents and income from other concessions. Further details will be announced in Parliament in due course,” the spokesman told The Times.
In his Budget 2010 speech, Mr Fenech had said the new Parliament would not be a burden on the taxpayers because it will be financed through this fund.
The project would be regarded as an investment which would be leased to the government and the fund would be managed on purely commercial lines by a team of professional people.
The fund would manage and direct government’s commercial property to maximise the state’s revenue, hold investments in local and foreign stocks and shares with no controlling interest, and invest in national projects like those linked to the regeneration of Valletta.
Fate of Tritons Fountain still in the balance
One aspect of the City Gate project which has literally not yet budged is the Tritons Fountain, which still stands in the centre of the old bus terminus, despite contentious plans for it to move closer to the Phoenicia hotel.
According to Dr Gatt, the plans have not changed but a study on how best to restore the bronze fountain is still pending and a preliminary report shows the restoration will take much longer than expected. The process will involve having to send out parts of the fountain to Italy for more than a year.
The “socialists” damaged the fountain practically irreversibly, Dr Gatt said, referring to an episode during the late 1970s when the fountain was used as a stage during Labour Party festivities.
The plumbing system has to be totally replaced, he added.
Asked whether the restoration will postpone the fountain’s move, Dr Gatt simply said: “We are looking at the two issues separately.”
But answered questions by The Times later, his spokesman explained that plans to resurface the former bus terminus have been separated from plans to move the fountain. Resurfacing will go ahead as planned but the fountain’s relocation will be put on hold “until the restoration process is well underway”.
“Whether the fountain will eventually be moved will depend as well on the extent of the restoration process to the plumbing system – which seems to be in a dire state – as well as the extent of the restoration to the base of the fountain,” the spokesman said.
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louisa gilmour
Sep 23rd 2011, 14:35
love the fountain when ever we come over on holiday it is always our tradition to get a picture beside it, we also use it as a signal to people we know going on holiday to Malta as a sign they have reached Valletta. I agree with Lee below leave it and resurface around it and put benches around it will make lovely feature. We are coming back next summer and hope it will be there as it's part of what my husband wants to do for his 30th is to be photographed next to it.
Lee Micallef
Sep 23rd 2011, 13:18
If the area where the bus terminus used to be is to be pedestranised why not leave the fountain where it is as im sure once restored it will be a spectacular sight !!
Raymond Sammut
Sep 23rd 2011, 15:36
The Tritons would be spectacular, true. They had always been in the past, especially when the fountain used to be operated with a multicolored lighting system back in the sixties.
Nevertheless, as Renzo Piano pointed out, anything standing on the ex-bus terminus obstructs the pedestrian's perspective looking towards the city gate.
For example, a cinematographer would want to capture the entire facade, from one Cavalier to the other with the gate at centre mark, without any obstacles in the way as they shoot across horizontally. Clearly, Mr Piano's observation is spot on.
Mario Camilleri
Sep 23rd 2011, 17:49
@ Raymond Sammut,
You forgot something. Its us who are going to pay for this so called Piano project out of public coffers. So why should Piano tell us what and how to do things in our home land? Do we tell him what to do at his home?
We are the clients, so he should respect us.
Normally the contractor offer his observations as a professional, but eventually he has to abide by the client's decision. That how it works.
What Piano is doing, is simply imposing his artistic ideas on us which in turn that would serve him as a free (for him but €80m or more for us taxpayers) Piano artistic exposure and exhibition.
We could have done better or more good deeds with that amount of money not give it away to some artistic foreigner. At least this Piano project could have been delayed until the recession is over.
A good, wise and responsible parent wouldn't go out buying a new car when he knows that his family are striving to make ends meet. But then again not all parents are wise and responsible.
Raymond Sammut
Sep 23rd 2011, 18:41
@ Mario Camilleri
From an economics perspective, the Piano project helps Malta's economy --when private investment is lower than average. Economists worldwide advice their respective governments to increase expenditure during low economic activity. This project helps Malta's unemployment stay lower and provides cash to help maintain consumer spending. (Please refer to some of the introductory texts on economics theory and practice.)
When the project is completed, it will be a revenue earner for the government. The Valletta entrance, adjacent to both Cavaliers, always remained underdeveloped post-WWII. The Maltese people, for some sixty years, have been extremely uncanny with this prime portion of our national heritage --thanks to incompetent governments.
You just don't make money from oil-stained "socialist propaganda freedom" squares and "mandraggio"-like flats targeted for the party faithful. So please --don't keep whinging about the 80 million. Malta has already wasted many more times than that in opportunity cost.
As to Mr Piano --I hardly think the Italian gentleman is imposing his artistic ideas on us. I wish he was. Just look across the road and see what was imposed on us back in the 70's. Whose artistic idea was that?
Mario Camilleri
Sep 24th 2011, 15:38
@ Raymond Sammut,
Do you know who's going to finance this so called "bravura ta' Piano"? And why do you always dig down to a a certain level in the past? History goes back further than the 80's & 70's. I talked about the present!!!
Let me remind you that in the early 70's poverty was abolished from the streets. There were no poor people bagging for food and money. You wouldn't see children half naked with thorn clothing, barefoot, smelly and dirty on the streets. 80% of the population had no hygienic utilities such as proper wcs let alone bathrooms in the 60's. Do you remember the "Slums" (kerrejjiet)? But this is all in the past unless your only shield is the past. Today we have big difficulties trying to make ends meet let alone giving away €80 plus to some foreigner. Today Malta is €5bn (Lm2.15bn) in debt. Prior to '87 Malta €1.62bn (LM456m) SURPLUS not debt.
Quote:- "Economists worldwide advice their respective governments to increase expenditure during low economic activity".
Unquote:- Have you ever tried eating the food printed on a magazine? It looks nice and well presented, but in reality can you eat it? Economists earn big money and most of them are paid for their propaganda therefore they would have no problem in dealing with bills, life, medicines and the rest. Have you ever tried paying your bills the way economists advise you to? I bet you never, cause it all boils down to what's in your pocket. That's how bills and other materials are paid for!!! Unless of course you are well off!!!
As for your remark "Just look across the road and see what was imposed on us back in the 70's", it seems that you're not old enough to remember that opposite the TreToni fountain the "City Gate", that ugly squarish blocks set up one on top of the other, the one demolished recently was erected way back in 1966 when the PN then under George Borg Olivier pulled down the Old City Gate, the one that had much more historic and architectural features which combined with the city architecture. And em, I don't know what "happened" to the statues or where they are, although I would bet somewhere in some garden or palace, who knows!! Surely not they were not demolished nor auctioned or sold maybe to pay for some of the debt Malta was in the 60's.
So we've spent money then and now for the same thing! And both under the PN!!! Can you believe it?