Si­monds Far­sons Cisk says PA ‘not cor­rect’ on park master plan

Malta Independent - - NEWS -

Si­monds Far­sons Cisk yes­ter­day said that the Planning Au­thor­ity is not cor­rect to say that the com­pany did not sub­mit a master plan as part of its doc­u­ments re­lated to the de­vel­op­ment of the Tri­dent Park.

On 9 Novem­ber, the Planning Au­thor­ity board voted against the con­struc­tion of the Far­sons busi­ness park, ac­cord­ing to a com­pany an­nounce­ment. The PA later said that the com­pany had not pro­vided a master plan.

In a state­ment yes­ter­day, Far­sons said it had is­sued the com­pany an­nounce­ment to no­tify the mar­ket of the out­come of the PA board meet­ing, which is considered price-sen­si­tive in­for­ma­tion and hence obliged to re­port pur­suant to its list­ing on the Malta Stock Ex­change.

The com­pany said it submitted a plan in­di­cat­ing how the busi­ness park would sit on a site in to­tal mea­sur­ing 69,000m2. Ar­eas cov­er­ing this site are oc­cu­pied by the Com­pany’s op­er­a­tions, as ap­proved through the nec­es­sary planning per­mits, and would also house the pro­posed busi­ness park. Given that no other de­vel­op­ments are con­tem­plated, the over­all plan submitted is there­fore a com­pre­hen­sive and com­plete master plan for the use of the said site. There­fore, the state­ment is­sued by the PA that the Com­pany opted not to sub­mit a master plan is not cor­rect.

Fur­ther­more, the PA’s as­ser­tion in its is­sued state­ment that the Planning Direc­torate in its De­vel­op­ment Planning Ap­pli­ca­tion Re­port (the “DPAR”) rec­om­mended ap­proval in spite of the “project not be­ing in ac­cor­dance with planning poli­cies” is also fac­tu­ally in­cor­rect, given that, re­fer­ring to the pro­posed height, the DPAR clearly states that “the in­tended height of the de­vel­op­ment is also deemed ac­cept­able” and that the site “com­plies with all the above­men­tioned cri­te­ria”.

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