Government investment in industrial infrastructure underway in Gozo
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The Minister for the Economy, Investment and Small Business, Chris Cardona, along with the Minister for Gozo, Justyne Caruana and Parliamentary Secretary for European Funds and Social Dialogue, Aaron Farrugia, have visited several major works currently underway in Gozo, including the former MDP and Tal-Hofra site.
Minister Cardona stressed how this Government “has always attached great importance to Gozo and Gozo entrepreneurship.”
He added that, “the Government’s plan is for Gozo to become more accessible and these investments, which began in the last term, are an important foundation to achieve this goal.”
The Business Zone at the the former MDP and the redevelopment of the Tal-Hofra site, are two projects which together will offer more than 20 acres of land for industrial development in Gozo, the Minister said. “Strengthening industrial infrastructure will put Gozo on the forefront to attract new investment which depends on efficient service and modern spaces.”
“These projects will not only regenerate these sites, but will also generate more business and therefore provide a positive future for young Gozitan people,” said Minister Cardona.
Minister Caruana said that, “under this Government, Gozo is really being given the importance it deserves and these projects are living proof of how we have continued to deliver on this premise.”
“They are important projects for the island, not just for addressing the deficiencies in basic infrastructure needs, but they will also serve to attract new investments in Gozo,” said Dr Caruana.
Minister Caruana concluded by saying that the various schemes that were announced in the budget “are precisely intended to encourage new jobs, and to assist industry and start-ups to continue to invest and increase qaulity employment in Gozo.”
Parliamentary Secretary Farrugia said that through investment by both the consolidated fund, as well as from European funds, Gozo is becoming an “economic engine” in accordance with the Government’s vision.
Farrugia explained that the work strategy for Gozo is helping to create a holistic approach for the island to achieve a fair deal from European Funds.
He said that this project in Gozo is through €10 million in funds from the European Regional Development Fund together with the recently announced Business Enhance ERDF grant schemes for research, technological development and innovation – assisting Gozitan entrepreneurs achieve their goals.