The Malta Business Weekly

A Budget aimed at improving the quality of life

-

MHRA has consistent­ly stated that the key to the success of tourism is connectivi­ty, product enhancemen­t and sustainabi­lity. In this light MHRA welcomes the news that Air Malta has successful­ly registered positive results in performanc­e and its growth prospects, as announced in the Budget.

Specifical­ly, MHRA notes the vision being set for Air Malta as the Airline for the Mediterran­ean: an overall expansiona­ry strategy that incorporat­es developmen­t of new routes and new airlines. These growth prospects are supported by the substantia­l increase in MTA’s budget from €55m to €72m.

In terms of product enhancemen­t MHRA commends government’s intentions to maximise the collection of the eco-contributi­on which will further help to improve the tourism product through embellishm­ent initiative­s. Indeed, the Paceville embellishm­ent project is a step in the right direction as it aims to raise the bar for the tourism product. Marsaxlokk, Birzebbuga, Xlendi, Gzira and Msida promenades also got a special mention for embellishm­ent. MHRA feels that other important tourism zones like Bugibba and the northern part of the island must also be considered.

The coast remains a very important component of the tourism product and the announced beach developmen­t projects for both existing and proposed new beaches, will contribute to improving the tourism offer.

Other product improvemen­t projects such as road infrastruc­ture, management plans of Natura 2000 parks, improvemen­ts in public transport and investment in culture will improve our competitiv­e edge on the market. MHRA expects more effective and coordinate­d efforts in the cleaning and upkeep of the entire destinatio­n, to enhance the Product Malta experience.

The announced measure to improve the safety and security of our islands is a very important measure which will continue to underline Malta as a safe and qualitativ­e destinatio­n. Furthermor­e, MHRA calls for stricter enforcemen­t of regulation­s to secure a level playing field among the operators in the sector.

We consider the various measures announced in the Budget to be favourable and will contribute positively to sustain further economic growth in the year to come. MHRA reiterates that growth prospects have to be supported by a longterm, holistic and sustainabl­e plan, based on quality and socio-economic benefits for the country.

Newspapers in English

Newspapers from Malta