Home » Travel and tourism » Currently Reading:

Malta News – Everything You Need to Know About the Gozo Tunnel

April 26, 2012 Travel and tourism No Comments

The Gozo Tunnel has been making a splash in Malta news of late and questions have arisen as to what an impact it will have of business, travel and the EU stronghold in earnest; Malta has remained a strong player in the EU despite the Euro Zone issues. The Malta-Gozo tunnel is proposed to be an underwater channel connecting the two main island regions of Malta; it makes sense for uniting the country although some complain it undercuts the ferry business; most companies in Malta should benefit from the tunnel though. According to the latest news from Malta the primary consideration at the moment is how feasible the project is geographically. Research into how structurally sound the tunnel will turn out should be reported any day now, could even be later today, in Malta news and the results should give an idea how much more money will need to be spent on additional reinforcement of the excavation.

As explained by the Malta Times News, the main benefit will be had by commuters coming from Gozo who’ve previously been at the mercy of the ferries, but will be able to drive their cars to Malta on solid ground for the first time. This opens up possibilities for Malta permanent residence on Gozo Island looking even more attractive than it did previously among other auxiliary benefits. The sale of cars on the island may also increase opening new business opportunities.

However there are a few disadvantages that need to be addressed before we get too excited about the tunnel. The one obvious one being that so many cars on the road infrastructure of an island not designed to take so much traffic may lead to uncomfortable situations; won’t be long before car accidents become a regular breaking news item in Malta. Another disadvantage is the increased pollution that will serve a companion to additional traffic and increased visitors. However these issues tend to be both good and bad; with good management it should be no problem to enhance the benefits and minimise the negatives and this Malta news is good for all.

Search This Site:

Comment on this Article:







Notify me of followup comments via e-mail. You can also subscribe without commenting.

Related Articles:

The Town of Prince Albert Set to Get a Cheese Warehouse

February 13, 2013

The sleepy town of Prince Albert is about to get a stunning new addition to its industrial sector. A cheese factory will be opening soon and it will be stocking the finest selection of 200 different kinds of cheese, as well as a great selection of deli foods, and butchery with exceptional meat, at great prices.

Incoming

The cheese factory is still awaiting council approval but judging from the excellent reception the idea received it appears that the green light will be given shortly. A speedy approval is hoped for as everyone is quite excited about shopping for a variety of cheeses, cold meats and other fresh produce straight off the industrial shelving.

Started by Scott Bartlett who is a Prince Albert local, the bulk cheese warehouse was first opened in 1987 on Broadway Avenue. Starting out as a small shop this cheese business has exploded over the past ten years and expanded to include speciality meat deli and some very interesting cheeses. The cheese factory, or warehouse, won’t only specialise in the creamy delicacy but also look at ready-made meals, and fresh salads.

This new business is highly anticipated for Prince Albert as it will add something special to the already unique town. Bartlett is extremely excited to get approval so he can get cheese factory underway and start renovating his selected warehouse. He’s also starting a small grocery store which he plans on stocking with the finest of speciality products. The deli grocery store will also feature a butchery, which has the best meats. Bartlett’s know his meats from his other butchery stores and says that they can sell hundreds of cuts each week with AAA and New York’s ribs eye being firm favourites.

Look out for the new cheese factory and warehouse coming to Prince Albert. Its shelves and mezzanine flooring will be filled with the finest groceries and deli food selections.

Guglielmo Marconi: Father of Radio’s Factory Needs Life Injected into it

July 20, 2012

The world knows him as the “Father of Radio.” Guglielmo Marconi invented the radio and it was his invention that saved the lives of many on the Titanic, allowed troops to speak to one another across are borders, and his legacy continues to influence our lives with radio transmissions, iPads, laptops, blue tooth and mobiles. Unfortunately Guglielmo’s home of invention, his Chelmsford factory where it all took place, lies in ruins.

Guglielmo Marconi

The factory in Chelmsford became home to Marconi’s invention and transmissions as his burgeoning empire grew thanks to the amassing orders of maritime wireless radio equipment. Sadly the warehouse was left to crumble under the unrelenting weather elements. Now the council are hoping someone will cough up £14million to restore the famous factory. It’s a landmark that should not be left to rot and fall apart. A group called the “Changing Chelmsford Team” took a tour of the derelict building and found Marconi’s office had all near fallen apart aside from the drab brown curtains. The warehouse could be restored to its former glory with mezzanine companies and construction crews coming in to inject some life, awaken the atmosphere and revive it to its former glory.

Guglielmo gave the world an amazing gift that will forever be utilised, regardless of decade or century. His discovery is the backbone of international communication through whatever digital means are currently available. The factory is currently an open canvas with so much room for improvement, but it remains important that even with new mezzanine floor construction, additional rooms and a fresh lick of paint, Guglielmo Marconi’s memory and hard work is depicted with integrity.

Malta – A Leading European Financial Centre?

July 10, 2012

Malta CoinsAccording to latest Malta news, an annual report has revealed that the nation is in the top tier of countries who consistently meet rigorous economic standards. A thumbs up for the island’s financial service sector, analysts gave credit to the Maltese government and the regulator, who they recognised as having established the country as a leading European financial centre.

Malta’s Financial Climate Newsworthy

Demonstrating a concrete commitment to collaboration, transparency and prioritising top-notch standards of regulation and Malta residence, the nation’s favourable investment and business environment is the result of hard work and focussed leadership. The local private and public partnership union FinanceMalta, who released the annual report, made local news headlines when they stated that the island’s service industry had “performed well”. According to the committee, Malta’s economic health within an otherwise difficult international climate was due to the quality of financial services being provided.

With over 25 banks, more than 600 funds, and 54 insurance companies, advocates in Malta have released news-worthy feedback that there is an ongoing registration of new companies. Adding up to 10,000 company registrations in the past three years, the MFSP has indicated that by 2015 Malta could the best ranking regional centre of excellence when it comes to financial services.

One Year Since Malta Law Adopted Divorce

May 31, 2012

malta-law-voteIt has been one year since Malta law was amended and a non-binding referendum was held with the outcome being that divorce in Malta would be legalised.

Malta, a predominantly Catholic state was well known throughout Europe and the World as the only country in the EU whose law did not accommodate for divorce and only the second in the world (apart from the Philippines) who forbade the practice. The country has since shaken off that title and favourable Malta tax laws and beautiful scenery may just have become Malta’s standout characteristics since then. 

72% of the Malta electoral committee originally made their mark in deciding whether Malta law should legalise divorce in the Country and although Prime Mister Lawrence Gonzi voiced his disapproval of the result, he conceded that the law needed to be respected by all citizens of Malta, given the democratic process that led to its acceptance.

The last country to legalise divorce was Chile in 2004. In the past legal separation could be applied for through Malta law courts or a Church annulment could be requested, but this was a process that could take up to nine years.

malta-law-divorce

247 couples have been granted divorce since the law was officially introduced in October 2011 and since Malta law has opened up to changes and new court activity has been witnessed, one can only wonder what the next bit of pressure on the system will be. It seems as though same-sex marriage may just be that next topic of legal conversation. A statistical survey that was recently conducted on citizens with Malta permanent residence has shown that 41% of people in Malta are in favour of a same-sex marriage law being passed and that 60% of people under 35 agree that Malta law should welcome same-sex marriage.

Malta Law firms have needed to adapt their family law departments, as they have done with tax law in the past. Although some people believe that this law has only increased the predisposition for people to file for divorce, others are happy that Malta law is on the same page as the rest of the world regarding this issue.

 

Malta Business Opportunities Showcased in Salzburg

November 1, 2011

Malta Business was promoted at an event in Salzburg, Austria which aimed to increase investment in the European Union Island. The event was put together by the Federation of Austrian Industries and the Austrian Foreign Trade Promotion Organisation in order to encourage investors to see the benefits of overseas investment in Malta by identifying factors such as geographical location for trade with the East, as well as its leaps forward in healthcare and manufacturing in recent years. Representing Malta at the event were numerous councils, Diplomats, Malta law firms and the Malta tourism board to facilitate discussions between parties and to ensure the benefits of Malta investment were highlighted.

Malta business has leapt forward over the last decade, with great growth in investment from many central European countries. Tourism is still the largest industry in Malta and trade is beginning to flourish with companies seeing the benefit of offices in Malta to facilitate trade to the North of Africa and Middle East. Immigration to Malta is also on the increase for business as well as the fiscal regime benefits and excellent healthcare offered to citizens and a superb Mediterranean climate. Described at the meeting were the benefits of doing business in Malta, with Diplomatic Affairs Minister, Emmanuel Mazzitelli discussing marketing options to different regions from having a business base in Malta. Austria has always been very interested in Maltese business investment, and those already invested are reaping rewards.

Meetings have been held between consulates in order to promote contracts and negotiations in Salzburg between Maltese industry and Austria. Maltese enterprise team of business leaders have already reaped major successes with large industry in Austria and the future looks bright for investment in Malta business.