Page 694 - ePaper
P. 694
SPECIAL TASK FORCE ON DEVELOPING INVESTMENT PROJECT
PIPELINE IN THE EU- MALTA PROJECT LIST
Such density of population makes efficient urban transport as key for
economic development. Absence of efficient urban transport means
and systems, is a serious impediment to Malta’s economic potential and
the proposed monorail project is meant to address this issue in a
definitive manner for several decades ahead. In the process it will also
deliver a sharp leap in the quality of life of the population through better
environmental protection, more open spaces, cleaner air and a reliable
means of getting from point to point (generally a matter of just a few
kilometres) in a short time.
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 project to have 79 km of service involving
a total budget in the region of EUR 1,420,000,000 which will be planned
in four phases.
Current Status:
Technical, socio-economic and financial feasibility studies are underway
and expected to be completed by June 2015.
Following that, execution studies will have to be extremely well planned
to ensure that the project is sequenced in a way which, in conjunction
with other works being executed at traffic junctions under other EU
programmes, allows traffic problems to remain manageable during the
execution phase.
The Project will have broad popular support. A survey carried by private
media in November 2014 shows that traffic/parking has become the top
concern for the population even overtaking illegal immigration:
19 | P a g e
PIPELINE IN THE EU- MALTA PROJECT LIST
Such density of population makes efficient urban transport as key for
economic development. Absence of efficient urban transport means
and systems, is a serious impediment to Malta’s economic potential and
the proposed monorail project is meant to address this issue in a
definitive manner for several decades ahead. In the process it will also
deliver a sharp leap in the quality of life of the population through better
environmental protection, more open spaces, cleaner air and a reliable
means of getting from point to point (generally a matter of just a few
kilometres) in a short time.
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 project to have 79 km of service involving
a total budget in the region of EUR 1,420,000,000 which will be planned
in four phases.
Current Status:
Technical, socio-economic and financial feasibility studies are underway
and expected to be completed by June 2015.
Following that, execution studies will have to be extremely well planned
to ensure that the project is sequenced in a way which, in conjunction
with other works being executed at traffic junctions under other EU
programmes, allows traffic problems to remain manageable during the
execution phase.
The Project will have broad popular support. A survey carried by private
media in November 2014 shows that traffic/parking has become the top
concern for the population even overtaking illegal immigration:
19 | P a g e
