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

New scheme will not solve problems of abandoned buildings in urban centres

Although the government’s newly announced scheme, granting financial assistance to property owners who carry out rehabilitation works on scheduled properties or in urban conservation areas, is a positive one, it will not solve the problem of abandoned buildings in urban centres, the Malta Developers Association said.
In a statement, the MDA hoped the Government will face this problem in a holistic manner for the country to work seriously to its resolution.
The MDA said it has been stressing for the introduction of incentives to encourage developers to invest in the rehabilitation of old homes in urban centres, including lowering tax duty on the sale of properties and the refunding of Mepa tariffs for works done in these places.
There also needs to be a revision of Mepa policies so that the process leading to the issuing of the necessary permits for rehabilitation will be less bureaucratic and with more common sense.
“It is only when the government looks at the problem from a wider perspective than that allowed by the scheme that was just announced that the country will manage to stop the damage to the environment and the country’s architectural heritage that is being cause by these abandoned properties,” the MDA said.

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