Page 680 - ePaper
P. 680
SPECIAL TASK FORCE ON DEVELOPING INVESTMENT PROJECT
PIPELINE IN THE EU- MALTA PROJECT LIST
We have however identified two rather smallish projects which cannot
be financed through mainstream budget within a medium term
perspective but which demand fixed capital investment in order to
address inefficiencies in current state of operations.
Whilst these projects do not generate their own cash flow streams we
still strongly believe that if the projects are financed via a Special
Purpose Vehicle (SPV) under a PPP framework Government would make
substantial savings in the current operational expenditure and part of
such savings that will be generated can be channelled to revenue
streams that government will pay to the SPV on a performance budget
basis.
One of the two projects involves procurement, handling and inventory
management and overall logistical control of free medicine distributed
under government’s social/health policies. This can be conducted under
PPP basis on strict commercial terms.
The other social project involves the construction of communal care
houses specifically to attend to the social needs of adult Persons With
Disability (PWD). Here again this can be done on a PPP basis, partially
on a no profit basis involving NGO’s and other Civil Society
organisations already involved in such social work.
5 | P a g e
PIPELINE IN THE EU- MALTA PROJECT LIST
We have however identified two rather smallish projects which cannot
be financed through mainstream budget within a medium term
perspective but which demand fixed capital investment in order to
address inefficiencies in current state of operations.
Whilst these projects do not generate their own cash flow streams we
still strongly believe that if the projects are financed via a Special
Purpose Vehicle (SPV) under a PPP framework Government would make
substantial savings in the current operational expenditure and part of
such savings that will be generated can be channelled to revenue
streams that government will pay to the SPV on a performance budget
basis.
One of the two projects involves procurement, handling and inventory
management and overall logistical control of free medicine distributed
under government’s social/health policies. This can be conducted under
PPP basis on strict commercial terms.
The other social project involves the construction of communal care
houses specifically to attend to the social needs of adult Persons With
Disability (PWD). Here again this can be done on a PPP basis, partially
on a no profit basis involving NGO’s and other Civil Society
organisations already involved in such social work.
5 | P a g e
