The Mediterranean Maritime Hub (MMH), located on the former Malta Shipbuilding site in Marsa, is facing a financial crisis that threatens to become the first significant bond default in Malta’s history. The company is scrambling to attract private developers to rescue its struggling operation by offering a substantial stake in its 65-year government concession in exchange for debt relief....
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NEWS Malta
April 24, 2025
Grand Harbour Quay Plan Ends in Controversy
The Maltese government is facing increased public pressure for its continued lack of transparency surrounding a failed €55 million EU-funded project. Intended to enhance the Grand Harbour with a new...