June 2017 – Issue 09

Changes to the deed of the Foundation

On the 5th May 2017, the Founders of The Mriehel Enterprise Zone Foundation AGREED amendments TO the Statute.

The main amendments introduced to the statute are:

The name of the Foundation was changed to “The Central Business District Foundation”. The zone for which the Foundation is responsible is now referred to as the Central Business District and this zone excludes the residential areas of Qormi and Sta Venera.

The powers of the Foundation have been extended to allow it to:

Waste Management Pilot Project

Although some very important trends are being observed in the way operators dispose of their waste, there are a number of operational challenges that have to be addressed before a tender for waste management in the area is awarded.

Some of these challenges include:

Traffic Management Survey

Presently Transport Malta is undergoing a holistic data collection survey of the entire new Mriehel area related to the existing traffic management setup. Road signs and line markings are lacking in some locations. This creates adverse conditions to the operators, entities, etc which make use or render a service in the area.

The objective of Transport Malta is to assist The Central Business District Foundation to reorganise the traffic management setup by providing its suggestions, which then are reviewed by both entities for consideration and implementation.

The Central Business District Foundation would like to thank Transport Malta for their continuous support.