The Malta Business Weekly

The Gozo Business Chamber’s reactions to the subsea tunnel project between Gozo and Malta announceme­nt

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The GBC notes with satisfacti­on that four offers were received with respect to the subsea tunnel project between Gozo and Malta. Despite the current economic climate this project generated considerab­le interest, considerin­g also that all constructi­on and maintenanc­e costs would be borne by the winning bidder.

The GBC reiterates that such a project is necessary if Gozo is to continue moving forward and be an important contributo­r to the national economy. This project is necessary now more than ever. Though there have been many significan­t developmen­ts in the past years, Gozo was not in a position to participat­e fully in the national economy, mainly due to issues related to accessibil­ity.

While the GBC is in favour of all forms of accessibil­ity, the fact that the link between the two islands will be a permanent one, would ensure the required peace of mind to current potential investors and those who would like to live in Gozo permanentl­y while working on the main island of Malta.

Gozo, moreover, can specialise in particular segments of the economy, as accessibil­ity between the two islands will no longer be a concern.

However, this project should not in any way impinge on Gozo’s environmen­t. As already reiterated in the past, especially in the 2019 budget proposals presented to government, this project “should be accompanie­d by a holistic plan ensuring the sustainabl­e developmen­t of the island of Gozo, such as for example, that the green belts between localities are retained and that the unique character of each locality is preserved. The Chamber believes that the present Outside Developmen­t Zones in Gozo should not be touched. Accessibil­ity needs to be accompanie­d by a sustainabl­e developmen­t approach”.

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