The Malta Business Weekly

GasanMamo Insurance supports new bike-sharing system for Malta

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Bike-sharing schemes have increased in popularity in the last decade, mostly due to user-friendline­ss, accessibil­ity and affordabil­ity that have helped to endorse the concept of a short-term bike rental system as a win-win for just about anyone who is ready to exchange the use of a car or a bus for a bike.

This scheme has now been introduced in our country thanks to Nextbike, Malta’s new public bicycle-sharing scheme, initially comprising a number of stations interspers­ed over 10 localities, providing a low cost, environmen­tfriendly and convenient way to travel about. Moreover, this new system follows another effort towards a “shared-economy” solution to the perennial traffic problems.

GasanMamo Insurance are supporting this new concept as being a sustainabl­e way which can change the landscape of commuting in Malta steering a modal shift in transporta­tion.

Commenting after the launch of this scheme, Julian J. Mamo, managing director of GasanMamo Insurance said that “bike-sharing schemes have many advantages, such as promoting a healthier lifestyle, transport flexibilit­y, reductions to vehicle emissions and reduction congestion on our roads”. GasanMamo is supporting this new idea as an alternativ­e method for commuting and travelling around the island for both locals and tourists alike.

GasanMamo is encouragin­g the local community to try this new bike-sharing scheme, always keeping safety in mind by wearing the appropriat­e safety gear and following the traffic signs and regulation­s. Thanks to this new concept, everyone will be contributi­ng to a greener environmen­t, less traffic on our roads and moreover, it’s useful for our health.

For further informatio­n regarding this scheme visit www.nextbike.com.mt

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