Phase three of the Fort Chambray Project to start shortly
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The Parliamentary Secretary for Small Business and Land, Jason Azzopardi, visited the Fort Chambray project yesterday where the first two phases have now been completed.Phase three of the 100,000 square metre site is due to start shortly. The Parliamentary Secretary praised the Caruana family who have been involved the Fort Chambray project since 2005. He said that “the project would have a value of around €150 million. This investment has already generated some 60 jobs through the different phases of the project work.”
€100 million has been spent since the project started in January 2005. When the development is complete, the resulting five or six star hotel will not only be an asset to Ghanjnsielem, but will also be a unique attraction in the Mediterranean, bringing extra tourism to Gozo, therefore creating extra jobs in the industry, the Parliamentary Secretary said.
The project would encompass approximately 320 residential units, ranging in size, style and facilities.. The project is expected to be completed in approximately 3 years.