Malta International Airport today launched a foundation to invest in projects aimed at improving Malta’s tourism product.

The Malta Airport Foundation is part of the company’s decision to use its corporate responsibility funds to contribute to the tourism industry more directly by investing in Malta’s heritage and environment.

“We want to invest in cultural, touristic and environmental projects that would help enhance the face of Malta. We want to improve the tourism product while giving back to the local community in a way that ties in with our values more clearly,” MIA CEO Markus Klaushofer said during the foundation’s official launch in Sliema.

Fredrick Mifsud Bonnici was appointed chairman of the foundation, whose members are Simone Mizzi and Frank Salt. The foundation will manage its assets and affairs independently from the airport and for the benefit of tourists and Maltese citizens.

Its first project will see the restoration and conservation of the Wied iż-Żurrieq watch-tower, also known as Torri Xutu, through an investment of €130,000.

Restoration works on the tower should last two years and the tower should be open to the public in 2017.

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