The Gozo Business Chamber has expressed its satisfaction that the Government has taken on board the recommendation to “seriously consider the option of a subsea tunnel between the two islands and has in fact voted a substantial sum of money to be used for a technical and geological study for this project.”

The Chamber added that it is confident that such a project will eventually bring the GDP of Gozo closer to that of Malta and thus, in turn, the whole country would benefit.

The Chamber said that the initiative of offering a fiscal incentive to those employing people on at least a 3-year contract in Gozo is also welcome.

The Chamber urged the Government to continue to invest in the infrastructure of Gozo and especially to reach a conclusion as soon as possible on the Cruise Liner Terminal proposal and to move forward as soon as possible on the setting up of a Green Airstrip.

The proposal to set up a new Gozo Museum is also a step in the right direction to enhance the attractiveness of Gozo in the cultural and tourism sectors, the Chamber said.

On a general note, the Chamber said that the proposal to set up a National Development Bank and the various schemes which Malta Enterprise is coming out with will definitely be a good boost to SME’s.

The Chamber concluded by saying that it was also pleased to note that while the Government is continuing to invest in infrastructure and projects it is also aiming to reach a 1.6% deficit to GDP ratio by the end of this year.

Photograph: DOI/Clifton Fenech

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