New PPP: Yachting Malta Ltd
The Malta Royal Yacht Club and the Government have partnered up in a new public-private partnership: Yachting Malta Ltd. The agreement signed in March with Projects Malta Ltd, the government’s new PPP coordinator saw the setting up of this joint partnership.
With the sole objective of promoting Malta for Yacht Racing, Leisure Yachting, Yacht related events and Super Yachts, Yachting Malta promises to make Malta a yachting destination.
This was announced by Prime Minister Joseph Muscat during a signing ceremony held at the RMYC premises in Ta’ Xbiex. In the presence of several yachtsmen and important yachting stakeholders, Dr Muscat said that the agreement was the fruit of several months of discussion.
“With an outstanding and successful track record, The Royal Malta Yacht Club is truly the perfect partner to team with,” insisted Muscat.He emphasized the importance of yachting to local industry, not just simply as a pleasurable pursuit but as an asset to the maritime sector, an excellent contributor to the economy and an important job creator. Yachting Malta is the brainchild of PPP Minister Dr Konrad Mizzi and Parliamantery Secretary Chris Agius, who worked with other Ministers and agencies to make this a reality.
Godwin Zammit, Commodore of the Royal Malta Yacht Club, expressed his satisfaction in the confidence the government has in the club. He reiterated the absolute commitment of the Royal Malta Yacht Club to making Malta a truly unique destination.
The official signing of the joint venture agreement was done by Godwin Zammit and Anna Rossi on behalf of The Royal Malta Yacht Club and Adrian Said and William Wait on behalf of Projects Malta Ltd.