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.

Read more »

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.

Read more »

older news

MDA says Mepa permit renewal is not what they requested

The Malta Developers Association (MDA) has said the government’s and Mepa’s decision to automatically renew development permits issued after August 2006 was not what it had initially requested.

They said although this decision would help several developers who were in doubt as to whether their permits were going to be renewed, there was a difference between it and the MDA’s requests.

“The MDA’s request originated because of a particular situation: a number of developers possessed building permits when the commencement of works was contraindicated in the prevalent negative climate of the property market,” they said.

This meant these developers would have ended up starting works simply to avoid the risk of their permits not being renewed.

“The certainty that these permits would be renewed would avoid commencement of works on developments for which developers did not have the necessary resources and good prospects for sale. As a result, it was probable that these developments would not be completed, with the resulting negative impact on the area in which they are situated, as well as being a waste of the country’s resources,” they said.

With this in mind, MDA said it asked for a one-time concession on permits issued in the past five years, for development on which works had not yet commenced, to be automatically renewed.

“The announced decision does not fulfil all the objectives for which the MDA had made its request because of substantial differences between the MDA proposal and the authorities’ decision that, it must be said, was made without any consultation with us,” they said.

“Among these differences, one would point out that the MDA had clearly excluded permits for sites outside the limits of development, known as ODZ, from the concession for automatic renewals.”


Platinum Sponsor

Motors Inc Iveco

Gold Sponsors