The Minister for the Economy, European Funds and Lands Silvio Schembri will be bringing before the Parliamentary Audit Committee four parliamentary resolutions to launch four projects that will make a significant contribution to the economy of the country.
These projects, which all come from the private sector, add up to a total of more than €173 million. This is a strong sign that the private sector has confidence in the economy of the country and in the work program of this Government. These investments are expected to create over 441 new jobs in the next four years.
In three of these four projects there are already permits from the Planning Authority. In another case, the planning process is still ongoing. Significant that all these projects will take place on land that is already developed or disturbed.
The Minister for the Economy, European Funds and Lands, Silvio Schembri said that, “The economic performance of our country is going at a good pace and that the forecasts for the future are good. This is not only said by the international credit agencies, but by the private sector which is actually investing millions in various projects in our country.”
