Malta to Support Freeport's Business Expansion for Storage Space
04.05.2013 - NEWS

April 05, 2013 [Malta Today] - Minister for the economy Chris Cardona today toured the Freeport facilities as well as the Medserv and Oiltanking Marsaxlokk depots, where he was flanked by parliamentary secretary Edward Zammit Lewis.


In a short message, Cardona said the new government was committed to the Freeport’s business expansion and the development. 

“The ministry has already acted as an interlocutor between Freeport and the harbour master after chief executive Uwe Malezki flagged an ongoing issue relating to dredging in the area which was taking longer than it was supposed to.

It was a technical problem which we helped by intervening to speed up the process,” Cardona said.

Zammit Lewis added that the government would also be helping the Freeport by expropriating a piece of government-owned land nearby to be used by the company as storage space.

“The company has continued to expand and its forecasts see further increases. We are therefore looking into the process of expropriation for this piece of land.

As a government, we want to see Malta on the forefront as a maritime hub and a customs free zone,” Zammit Lewis said.

———————
Other Maltese Storage Facilities in TankTerminals.com: Horizon Malta TerminalsNordic Storage, MOBC Grand Harbour Oil Terminal, Enemalta Pet Ghaxaq

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More