The ongoing dispute over delayed payments linked to the multi-million-euro social housing development in Luqa has become one of the most prominent public-sector construction controversies in recent years. The situation has drawn attention not only because of the scale of the project but also due to the involvement of a state-backed enterprise, Malita Investments plc, and the wider concerns it has raised about public procurement governance, financial oversight, and the responsibilities of state-owned companies toward private contractors....
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NEWS Malta
November 11, 2025
EIB monitors Malita Investments amid Luqa housing strain
The European Investment Bank (EIB) has confirmed it is monitoring the financial situation of Malita Investments p.l.c., a Maltese government-controlled entity currently facing liquidity challenges in connection with a major...
NEWS Malta
November 7, 2025
Luqa housing project halted amid funding crisis
A major social housing project in Luqa, described as one of Malta’s most ambitious state-backed housing developments, has come to an abrupt halt following a funding crisis at Malita Investments...