Page 683 - ePaper
P. 683
SPECIAL TASK FORCE ON DEVELOPING INVESTMENT PROJECT
PIPELINE IN THE EU- MALTA PROJECT LIST
The question is not why Malta is proposing to build a breakwater for
Marsamxett harbour now, but why Malta had to await over a century to
come up with initiatives to protect Valletta’s second harbour with a
breakwater when it had a clear life example of the great economic
returns of the investment generated by the breakwater to the Grand
Harbour.
As can be seen from the pictures above whilst the Grand Harbour is in
full bloom use thanks to its status as an all-weather port directly
resulting from Colonial legacy breakwater of 1904 -1908, the
Marsamxett harbour has only its inner inlets that can be commercially
exploited in the absence of a breakwater at the harbour entry.
A breakwater would enable the development of the whole of
Marsamxett harbour for touristic purposes with particular emphasis on
Cruise-liner business and Super Yacht hub for private use and for
chartering.
The project involves the construction of two arms one on the Tigne’ side
(right hand of the harbour entry in the above picture) 222 metres long
and the other arm on the Valletta side 137 metres long.
Estimated Cost:
The Project is being spearheaded by Transport Malta, the national
authority in charge of Transport issues, mostly as a Regulator but in
exceptional cases it has had to take-over also the role of an Operator.
http://www.transport.gov.mt/
Transport Malta estimate the cost of the breakwater and the
development of the harbour quays inside the harbour to render it
commercially ready for operations in the region of Euro 130 million. A
further Euro 10 million is required to upgrade the quays of the Grand
Harbour to accommodate larger vessels.
8 | P a g e
PIPELINE IN THE EU- MALTA PROJECT LIST
The question is not why Malta is proposing to build a breakwater for
Marsamxett harbour now, but why Malta had to await over a century to
come up with initiatives to protect Valletta’s second harbour with a
breakwater when it had a clear life example of the great economic
returns of the investment generated by the breakwater to the Grand
Harbour.
As can be seen from the pictures above whilst the Grand Harbour is in
full bloom use thanks to its status as an all-weather port directly
resulting from Colonial legacy breakwater of 1904 -1908, the
Marsamxett harbour has only its inner inlets that can be commercially
exploited in the absence of a breakwater at the harbour entry.
A breakwater would enable the development of the whole of
Marsamxett harbour for touristic purposes with particular emphasis on
Cruise-liner business and Super Yacht hub for private use and for
chartering.
The project involves the construction of two arms one on the Tigne’ side
(right hand of the harbour entry in the above picture) 222 metres long
and the other arm on the Valletta side 137 metres long.
Estimated Cost:
The Project is being spearheaded by Transport Malta, the national
authority in charge of Transport issues, mostly as a Regulator but in
exceptional cases it has had to take-over also the role of an Operator.
http://www.transport.gov.mt/
Transport Malta estimate the cost of the breakwater and the
development of the harbour quays inside the harbour to render it
commercially ready for operations in the region of Euro 130 million. A
further Euro 10 million is required to upgrade the quays of the Grand
Harbour to accommodate larger vessels.
8 | P a g e
