PRESS RELEASE BY THE PARLIAMENTARY SECRETARIAT FOR THE EU PRESIDENCY 2017 AND EU FUNDS:Transport Malta – highest European funds absorbing entity in the past four years

Whilst visiting works at the Kappara Junction project, Parliamentary Secretary for the EU Presidency 2017 and EU funds Ian Borg has confirmed that Transport Malta was the entity with the highest rate of absorption of European funds over the past four years.

Dr. Borg recalled that Malta – largely due to increased efforts in the implementation of several projects in recent years – has absorbed 100% of all European funds, including the European Regional Development Fund (ERDF), the Cohesion Fund (CF), and the European Social Fund (ESF).

Parliamentary Secretary Ian Borg said that the fact that Transport Malta was the entity that had most absorbed such funds clearly shows the commitment this government has towards this important sector.

In total, the Ministry for Transport and Infrastructure has absorbed around Euros 142 million of EU funds. Out of these funds, Transport Malta will actually have absorbed almost Euros 92 million in EU funds, through various projects specifically aimed at improving the country’s infrastructure.

The investment towards the infrastructure of our roads increases accessibility, safety, as well as connectivity, whilst adding to the country’s competitiveness, stated Dr. Borg.

Parliamentary Secretary Borg said that such a result also confirms that Transport Malta is well- placed to receive even more funds.

The need for the Kappara Junction project has long been felt. Everyone was aware that this was a problem that was continuously intensifying, and needed to be addressed. Everyone was aware of the fact that this particular area was not meeting traffic demands, and this is why Government felt this should be one of the priorities.

The successful implementation and execution of this project is a clear demonstration that Government is committed to addressing the needs of the people in the most practical way and without any delay, said Dr. Borg.

Parliamentary Secretary Borg said that the performance of these various projects under the leadership of Transport Malta are just part of a broader plan that this administration is committed to carry on, performing in the months and years to come.

He praised the work and the fast pace with which this particular project is currently being implemented, and explained how such results can generate further encouragement and enthusiasm not only to the competent Authority concerned, but also to the central government to continue to invest in a sector that can directly affect people’s lives.

Source: Government of Malta