Public-private partnership Yachting Malta launched

Prime minister Joseph Muscat launched Yachting Malta Ltd. today, a joint venture between the Royal Malta Yacht Club and the government, through Malta Projects Ltd. 

Muscat emphasized the importance of yachting to local industry, not just simply as a pleasurable pursuit but as an asset to the maritime sector that aids economic growth and creates jobs. 

"The main purpose of Yachting Malta is an increase in the yachting industry and for Malta to become a unique destination. In the next two years, Malta Yachting will focus on developing a business plan to attract more yachting activities, benefiting the economy of the country," Muscat said.

Godwin Zammit, commodore of the Royal Malta Yacht Club, expressed his satisfaction in the confidence the government has in the club as the major partner in the Public Private Partnership.

He reiterated the absolute commitment of the Royal Malta Yacht Club to making Malta a truly unique destination.