Originally set to the beginning of September, the deadline for submissions is being extended in the wake of several requests made by prospective investors who asked for more time in order to better evaluate the project, which is expected to carry an investment between €150 million and €200 million.
Consequently, the dates for the eventual shortlisting, requests for proposals, and selection of the preferred candidate will also be shifted accordingly, although the actual works are nevertheless expected to commence in 2012 and be finalised by 2015.
“The project has generated widespread interest wherever it was presented, be it the local launch, the international launch in Milan, a presentation in London, as well as during meetings that Malta Enterprise regularly holds with prospective investors,” executive chairman Alan Camilleri said.
“This extension will give prospective investors a better chance to transform their initial interest into a more concrete submission,” he explained.
With its iconic and innovative design, Corporate Village Malta intends to achieve the vision of excellence by becoming the focal point within the booming central business district in Malta. The Mriehel area has been gradually developing from an industrial zone into a financial and commercial hub, and the establishment of Corporate Village is expected to further enhance this trend.
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Malta Enterprise Tony Harkén