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MFCC to invest €10 million in new centre

Photo: Jason Borg

Photo: Jason Borg

The Malta Fairs and Convention Centre will be investing €10 million on the construction of a new permanent centre covering a footprint of over 38,000 square metres adjacent to the present tent it has in Ta’ Qali.

The agreement was signed this morning by MFCC directors and Land Minister Jason Azzopardi.

Through the agreement, the government passed on to the company the 28,000 square metres of land it presently occupied by the current two tents and the area around them and the 38,000 square metres presently occupied by the Assocjazzjoni Sports Muturi.

The latter will be moving to another plot of land which is double the area with the €250,000 cost of relocation being borne by the MFCC.

The government is passing on the land to the MFCC on a temporary emphyteusis for 65 years against €186,000 in the first year, which sum will increase gradually each year reaching over €470,000 by the end of the 65th year.

Dr Azzopardi said that the MFCC already employed 60 people and the number was set to increase with the new centre.

The emphyteusis was granted following a resolution in Parliament and the planned exhibition centre would be a state of the art permanent building which would be constructed over the next five years and enable Malta to attract more conference tourism.

Earlier this year Mepa revisited the Ta Qali action plan, which the Convention Centre now forms part of.

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John Attard

Dec 29th 2012, 10:15

Very true but for tal -klikka...flimkien kollox possibli ! Any way another issue which PL should stop from proceeding unless this was discussed in Parliament and they agreed to it too...! You never know

J Micallef

Dec 28th 2012, 14:27

Goo done.

Denis Pace

Dec 28th 2012, 12:59

God forbid! What a nightmare that would be!

Joseph Aquilina

Dec 28th 2012, 12:48

I know it hurts you when you see that FACTS show that Joseph Muscat was wrong (for how many times now? ... lost count), there is money in our country and that money is still being invested in our country!! It seems to me that the only people who do not believe in Malta and the Maltese all support lejber!!

A. Xuereb

Dec 28th 2012, 12:59

Mr Aquilina I see you have a knack for twisting facts and wishful thinking. It s disgusting how things are being rushed through even over the Xmas period to accommodate the few chosen ones, in what is simply an excercise in vote catching.Yes of course there is money in our country, ask those who have 10 fingers in every pie!

Lawrence Fenech

Dec 28th 2012, 13:25

@Aquilina.


Why not ask GonziPN for a 500 euro per week raise, or a job at the Ghost City or a Job with the Brazilian firm.

Mr Alexander Azzopardi

Dec 28th 2012, 13:45

Att; Aquilna.

Check this link to see where s the money!!!
http://www.timesofmalta.com/mobile/view/20121228/local/deficit-widens-by.451145

M. Zammit

Dec 28th 2012, 14:15

It's called "make hay whilst the sun shines". This to me is corruption and the present government should be held personally liable!

Carmel Camilleri

Dec 28th 2012, 18:15

@lawrence Fenech . or a job with Dirghajn il-Maltin, jew pijunieri with bare minimum wage under military discipline as used to happen during labour Governments.

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