News

MDA insists its Budget proposals as agreed before general election

Saturday, September 16th, 2017

The Malta Developers Association presented a substantial document with concrete proposals for Budget 2018, some of which can be implemented immediately.

MDA President Sandro Chetcuti, who headed a delegation of Council members, augured that the Prime Minister and his Government would continue to achieve further progress and success in its endeavours to take the country to the next level. He praised Government’s initiatives that have truly brought the best of times in terms of employment and a booming economy.

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Both PN leadership contenders request meeting with MDA

Sunday, September 10th, 2017

The two Nationalist Party leadership contenders, Dr Adrian Delia and Dr Chris Said, held separate meetings with the Malta Developers Association Council. The meetings, held at the request of the two candidates, turned out to be two long, fruitful discussions.

Both Dr Delia and Dr Said acknowledged the good work of the MDA and its highly valid contribution to the country.

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older news

Construction industry creates most wealth

The President of the Malta Developers Association, Sandro Chetcuti, today announced two significant statistics that have emerged from the independent research conducted by KPMG that is to be published shortly: the construction sector employs a minimum of 30,000 people both directly, indirectly or by induced effect. This sector grew at a phenomenal rate of 40% between 2011 and 2015.

Mr Chetcuti was addressing Nationalist Party leader Simon Busuttil and a number of candidates during which there was an exchange on the proposals the two sides agreed upon ahead of the June 3, 2017, general election. A similar meeting is planned with the Prime Minister this week. “These statistics truly show that, among the 18 industrial sectors in Malta,construction is the one that most creates wealth.”

While stressing the professionalism and the quality of the projects undertaken by MDA members in all areas, Mr Chetcuti appealed for the policies of a new government to be always clear and without any moving of goalposts so as not to discourage investment. There should always be regular communication, including meetings with the Prime Minister of the day at least once a month, should the Nationalist Party be given a mandate to govern.

Meeting MDA_PN b 23May17

While Dr Busuttil accepted Mr Chetcuti’s appeal, he agreed with eight of the ten proposals set forward by the MDA. Dr Busuttil promised the following:

  1. Lowering capital gains tax from 8% to 5% so that the development will reach the near to zero renewable energy targets set for 2020;
  2. Removal of succession duty once and for all;
  3. Removal of stamp duty for first time buyers permanently, including for those who are separating or divorcing;
  4. Reform of the Land Registry Department;
  5. For developers to be registered and licenced;
  6. MDA representation on all boards related to the construction industry;
  7. Exemption from stamp duty on those buying property in Gozo;
  8. Fair compensation or aggressive incentives on scheduled properties and those of historical importance.

Mr Chetcuti continued to stress that incentives should always be aimed in helping individuals or end users and not developers directly. “We don’t want anything. Just leave us work. We are against all type of abuse, however one must keep in mind that all regulations and current policies should be respected.”

Among the MDA members present were representatives of the estate agents section within the MDA, Chris Grech (Dhalia Group), Michael Bonello and Douglas Salt. Mr Grech appealed to Dr Busuttil to appreciate the MDA’s contribution because it was highly instrumental in the growth in economic activity and the construction industry in the past four years.

Meeting MDA_PN a 23May17

Reacting to Mr Chetcuti’s intervention, Dr Busuttil invited the MDA, once the party receives the electorate’s trust, to send a list of the public boards it wished to serve on and to nominate the persons with integrity who wish to give their contribution. The Opposition Leader gave his undertaking that the PN was ready to consider them seriously.

He also promised to continue to strengthen the Property Malta Foundation, an entity that was recently formed by the government and the Association.

23 May, 2017

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Il-kostruzzjoni tifrex l-aktar ġid f’pajjiżna

Il-President tal-Malta Developers Association (MDA), Sandro Chetcuti, illum ħabbar żewġ statistiċi sinjifikanti li ħarġu minn studju xjentifiku tal-KPMG li ser jiġi ppubblikat dalwaqt: is-settur tal-kostruzzjoni jimpjega mill-anqas 30,000 ruħ kemm direttament, indirettament jew permezz tal-induced effect. Dan is-settur kiber b’mod fenomenali b’40% mis-sena 2011 sas-sena 2015.

Meeting MDA_PN c 23May17  Meeting MDA_PN d 23May17

Is-Sur Chetcuti kien qiegħed jindirizza l-kap tal-Partit Nazzjonalista Simon Busuttil u numru ta’ kandidati fejn kien hemm skambju ta’ proposti li ż-żewġ naħat qegħdin jaqblu fuqhom qabel l-elezzjoni ġenerali tat-3 ta’ Ġunju, 2017. Laqgħa simili hija ppjanata mal-Prim Ministru din il-ġimgħa. “Dawn l-istatistiċi juru tabilħaqq kemm l-industrija hi l-aktar fost it-18-il industriji f’Malta li tifrex l-aktar ġid.”

Waqt li saħaq fuq il-professjonalità u l-kwalità ta’-proġetti tal-membri tal-MDA fl-oqsma kollha, is-Sur Chetcuti għamel appell biex il-politika ta’ gvern ġdid tkun dejjem ċara u ma jkunx hemm caqliq tal-lasti sabiex ħadd ma jnaffar l-investiment. Għandu dejjem jibqa’ ikun hemm komunikazzjoni regolari b’laqgħat mal-Prim Ministru tal-ġurnata mill-anqas darba fix-xahar jekk ikun hemm il-Partit Nazzjonalista fil-gvern.

Filwaqt li Dr Busuttil laqa’ l-appell tas-Sur Chetcuti, hu wiegħed tmienja minn għaxar proposti li talbet l-MDA. Dr Busuttil wiegħed dawn li ġejjin:

  1. Tnaqqis fit-taxxa tal-capital gains minn 8% sa 5% sabiex l-iżvilupp jilħaq il-miri tal-enerġija rinnovabbli sas-sena 2020;
  2. Titneħħa t-taxxa tas-suċċessjoni darba għal dejjem;
  3. Titneħħa t-taxxa tal-boll fuq il-first time buyers darba għal dejjem, fosthom ukoll għal min jissepara jew jiddivorzja;
  4. Riforma fid-Dipartiment tar-Reġistru tal-Artijiet;
  5. Li l-iżviluppaturi jiġu reġistrati u liċenzjati;
  6. Rappreżentanza tal-MDA fuq il-bordijiet kollha li għandhom x’jaqsmu mal-industrija tal-kostruzzjoni;
  7. Eżenzjoni ta’ taxxa tal-boll għal min jixtri proprjetà f’Għawdex;
  1. Kumpens ġust jew inċentivi aggressivi fuq proprjetà ta’ valur storiku.

Is-Sur Chetcuti kompla jtenni illi l-inċentivi għandhom ikunu dejjem immirati biex jgħinu l-individwi li se juzaw id-djar u mhux direttament l-iżviluppaturi. “Aħna ma rridu xejn. Biss ħalluna ħa naħdmu. Aħna kontra kull tip ta’ abbuż però wieħed irid iżomm f’moħħu li jirrispetta r-regoli u l-policies attwali.”

Fost il-membri tal-MDA li kienu preżenti kien hemm rappreżentanza tas-sezzjoni tal-estate agents fi ħdan l-MDA, Chris Grech (Dhalia Group), Michael Bonello u Douglas Salt. Is-Sur Grech appella lil Dr Busuttil biex japprezza l-kontribut tal-MDA għaliex kienet strumentali ħafna kif kibret l-attività ekonomika u l-industrija tal-bini f’dawn l-aħħar erba’ snin.

Fir-reazzjoni tiegħu għall-intervent tas-Sur Chetcuti, Dr Busuttil stieden l-MDA, ġaladarba l-partit jingħata l-fiduċja mill-poplu, biex tibgħatlu lista ta’ bordijiet pubbliċi li tixtieq li jservu fuqhom u tinnomina persuni ta’ integrità li jistgħu jagħtu l-kontribut tagħhom u l-Kap tal-Oppożizzjoni ta l-impenn tiegħu li l-PN hu lest jikkunsidrahom serjament.

Wiegħed ukoll li ser ikompli jsaħħaħ lill-Property Malta Foundation, entita’ li ġiet iffurmata riċentement bejn il-gvern u l-Assoċjazzjoni.

23 ta’ Mejju, 2017

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