‘Il-Menqa’ regeneration project generates keen interest

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Further to the expression of interest for the regeneration of the site known as ‘il-Menqa’ in Marsa within the Grand Harbour, published by the government through Projects Malta Ltd. earlier in May this year, a number of organisations have submitted their development concepts for consideration.

The scope of this project is the development of ground-breaking and economic activity in the area, especially in relation to the development and operation of maritime-related technology, develop long-term sustainability of the maritime industry while developing the site in a manner compatible and in adherence to cultural heritage regulations.

Sixteen organisations including the Palumbo group have expressed interest in developing their concepts for the Menqa area. Other contenders include, AX Holdings, Creek Developments, WIM Services, Marsa Maritime Village Consortium, Manoel Island Yacht Yard, Valletta Gateway Terminals, Melita Power Diesel, Hili Ventures, Gritprop Investments, S&D Yachts, Virtu Holdings, Porte de Malte Consortium, IN21 Group, Grand Harbour Marina and Marsa Regeneration Consortium.