Page 703 - ePaper
P. 703
SPECIAL TASK FORCE ON DEVELOPING INVESTMENT PROJECT
PIPELINE IN THE EU- MALTA PROJECT LIST
3. 5 Regional Inclusion Cluster Houses consisting of 4 apartments per
block accommodating 4 persons per apartment = 80 resident PWD.
Budget estimates EUR 5 million
4. One Transition Hostel to serve for purposes of screening and giving
rehabilitation training to PWD before they are transferred to
residential units, catering for 20 PWD. Total Budget Estimate EUR 3
million.
Estimated Cost:
The Project is being spearheaded by The Ministry for the Family and
Social Solidarity through the Parliamentary Secretariat for rights of
persons with disability and active ageing.
http://mfss.gov.mt/en/Pages/MFSS%20EN%20homepage.aspx
Estimated Project Costs are Euro 40 million.
Current Status:
Requests for Expression of Interest have already been issued for some
Cluster Housing Units and Small Community Homes being elements 2
and 3 of the Project as above described.
Barriers to execution:
Financing is the only bottleneck as fiscal compression does not permit
financing of such projects even though it will bring self-financing
economies over the medium term.
Government is considering enticing defaulted tax payers who are asset
rich in terms of real estate but do not have financial liquidity to honour
their tax obligations ( including tax and social security contributions
deducted from employees’ salaries but not paid to Revenue) to settle
28 | P a g e
PIPELINE IN THE EU- MALTA PROJECT LIST
3. 5 Regional Inclusion Cluster Houses consisting of 4 apartments per
block accommodating 4 persons per apartment = 80 resident PWD.
Budget estimates EUR 5 million
4. One Transition Hostel to serve for purposes of screening and giving
rehabilitation training to PWD before they are transferred to
residential units, catering for 20 PWD. Total Budget Estimate EUR 3
million.
Estimated Cost:
The Project is being spearheaded by The Ministry for the Family and
Social Solidarity through the Parliamentary Secretariat for rights of
persons with disability and active ageing.
http://mfss.gov.mt/en/Pages/MFSS%20EN%20homepage.aspx
Estimated Project Costs are Euro 40 million.
Current Status:
Requests for Expression of Interest have already been issued for some
Cluster Housing Units and Small Community Homes being elements 2
and 3 of the Project as above described.
Barriers to execution:
Financing is the only bottleneck as fiscal compression does not permit
financing of such projects even though it will bring self-financing
economies over the medium term.
Government is considering enticing defaulted tax payers who are asset
rich in terms of real estate but do not have financial liquidity to honour
their tax obligations ( including tax and social security contributions
deducted from employees’ salaries but not paid to Revenue) to settle
28 | P a g e
