The Ministry for Social and Affordable Housing notes the statement issued by Malita Investments p.l.c., in accordance with the Capital Markets Rules of the Malta Financial Services Authority, confirming that the company has secured an indicative financing term sheet that will enable it to proceed with and complete private sector-led housing projects.
The Ministry welcomes any development that contributes to the implementation and completion of housing projects, as these remain a key national priority in ensuring access to adequate housing for individuals and families. Such initiatives are crucial to strengthening social cohesion and building sustainable communities in the long term. The company’s statement also refers to a restructuring plan that is being implemented with the aim of ensuring the financial sustainability of the projects.
The Ministry also notes the confirmation that the company remains solvent and supported by a strong capital and asset base. While these projects are being implemented by Malita, the Ministry reaffirms its commitment to continue to foster an environment that encourages responsible investment in the housing sector, in line with Government policy and national strategies. The Ministry will continue to closely monitor developments related to these projects, where appropriate, and looks forward to further updates from the company in accordance with its disclosure obligations, confident that the steps being taken will lead to the successful completion of these projects for the benefit of current and future residents.
