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Updated: PL raises questions on aviation services company

Dr Cardona and Dr Gulia speaking at today's press conference.

Dr Cardona and Dr Gulia speaking at today's press conference.

Updated - Adds Malta Enterprise reaction - The Labour Party said today that the prime minister should give details about a Dutch company, Aviation Cosmetics,  which he had said, would set up shop in Malta to carry out aircraft paintwork.

Party investments spokesman Chris Cardona and tourism spokesman Gavin Gulia said that Dr Gonzi had spoken about this company in the same Times debate when he spoke of a major Brazilian company transferring its headquarters to Malta. 

Dr Cardona said that Aviation Cosmetics was meant to relocate from Eindhoven and use two hangars in Malta with an investment of €22m. Yet nothing had materialised other than the formation of a company with the minimum share capital possible. He said the company had not observed its contractual obligations with Malta Enterprise and Malta Industrial Parks, and not paid its rent of €250,000 per annum and the guarantee of €4 million. No one has been employed yet.

This episode, Dr Cardona said, further undermined the prime minister's credibility. The same thing, he added, had happened not only for the Brazilian company, but also for SmartCity. 

Dr Gulia recalled that the managing director of Aviation Cosmetics had said: “It is a very complex building and at the time the Government wanted us to sign the contract…but we were not quite ready for it.”

He asked what the government's hurry was about. 

MALTA ENTERPRISE REACTION

In a reaction, Malta Enterprise said talks were continuing with Aviation Cosmetics on the implementation of this project. The company has been working since May to ensure that it can provide the guarantees necessary for Malta Enterprise to authorise construction works.

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Anthony Paris

Nov 26th 2012, 18:43

I assume the PL will be mature enough not to count chickens before they are hatched. The PN seem to be hell bent on fan fare. Why can't the PN wait till the ink is dry? Are they that desperate for publicity? Of course there will always be companies that promise to come to Malta and later change their minds for whatever reason.

Mr David Ganado

Nov 26th 2012, 20:53

That explains why we managed to weather the worst of the world financial storm....Yes, some announced investments did not materialise, but many others did, but you prefer to ignore them.

Kenneth Williams

Nov 27th 2012, 05:53

Ta l anqas flok kappar ghamel sea malta, air malta mid med bank, bov, sgs, etc etc. mela tiftah halqek qabel ma l anqas biss bdew.

Eddy Privitera

Nov 26th 2012, 18:04

Richard Caruana: So when Gonzi announces a new investment, using your logic, we should understand that the new investment will be coming because they are sure the PL is going to win the election, as opinion polls have constantly shown !

John B. Borg

Nov 26th 2012, 18:23

Check your facts before you rush with your comments Mr Caruana. No less than 40 German companies invested in Malta in the 70s and 80s during successive Labour governments. Some of them are still operating in Malta including Brand International (Playmobil) that employs around 800 persons. And what about SGS, one of Malta's biggest foreign investment?

Mr Tim Ripard

Nov 26th 2012, 21:38

John B. Borg - Brand International (Playmobil) took the decision to move to Malta in 1970, attracted by the incentives offered by a Nationalist government. You should check your facts. The PN did all the work and Labour took the credit but the fact is the PN got them, not Labour. Labour got Deserta chocolate - success kbir!

joe muscat

Nov 27th 2012, 06:48

as Mr John B. Borg said check your facts well , and to add some to the list of Mr Borg , Baxter , Pharmamed ( now Actavis ) , these 2 companies alone employ over 1000 persons.

m. borg (slm)

Nov 26th 2012, 17:22

I can answer your questions: 1. As matters cannot get any worse but only improve with PL 2. By working to improve the financial and economic aspects without any more wastage on cosmetic projects

scott brown

Nov 26th 2012, 17:32

@ m borg

seems you are too young and naive to speak with such authority about things getting worse. i lived all 16 years under a socialist regime of the 80"s and also the 20 months under the new socialist regime and things were very very much worse. few people changed since then with pl.

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