GOZO CHAMBER ASSERTS THAT THE MALTA-GOZO PHYSICAL LINK IS AN "ABSOLUTE PRIORITY"

Gozo Chamber Asserts that the Malta-Gozo Physical Link is an "Absolute Priority"

Gozitan entrepreneurs have said in their pre-budget proposals that a permanent physical link between Malta and Gozo continues to be an "absolute priority".

What’s more is, "connectivity remains the main stumbling block for business to grow in Gozo," the Gozo Business Chamber maintained, observing that Gozo Channel ferries' carrying capacity "has now reached saturation point."

The government was advised by the Chamber to push forward and allot indispensable funds and resources to revise a subsequent undersea tunnel connecting the two islands, while even proposing the addition of a fourth Gozo Channel ferry.

The Chamber included put forward a number of pre-budget bids which include but are not limited to:

• Perfecting the prepaid ferry ticketing organisation as well as introducing off-peak prices for heavy means of transportation.

• Suspending stamp duty on the purchase of immovable property in Gozo for one year.

• Suspending any limitations on foreigners purchasing property in Gozo for three years.

• Tax inducements for new hotels.

• Ascertaining a theme park zone.

• Finding space for new yacht marinas.

• Imminently rebuilding and modernising Marsalforn's breakwater, using private investment if necessary.

• 10-year tax holiday for start-up businesses employing 25 workers within two years in niche markets.

• Restructuring traffic movement in Victoria and finalising the Mgarr-Dwejra motorway.



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