Malta International Airport has secured approval from the Planning Authority for its master plan for the development of its terminal infrastructure and the surrounding airport site.
With the planning permission in place, the airport aims to invest approximately €100m in the terminal and related infrastructure development through its investment programme, which will be completed in three phases.
Malta International Airport CEO Alan Borg said: “Through this sizeable investment we expect to solidify Malta International Airport’s important role in the local economy, as we unlock its potential to welcome more tourists and generate further employment opportunities.
“We also envisage that this programme will build on the successes of past investments and go on to grow the airport campus into a go-to destination for business and leisure.”
Since its privatisation in 2002, more than €110m has been invested into the infrastructure of the airport, with some of the most significant upgrades being a terminal expansion, a terminal reconfiguration, and the development of SkyParks Business Centre.
Initially, the airport will concentrate on completing the terminal reconfiguration project, which has already provided various improvements within the terminal building.
Along with its consultants, the airport will also work on drafting design plans for an expansion of the terminal.
Additionally, the airport will continue working to improve the surrounding site into a business and leisure complex.
Work on the construction of a multi-storey car park is planned to start soon, offering 1,300 parking spaces.
Furthermore, the plan provides for the construction of SkyParks II, which will include office and retail space and a business hotel.
The plan was subject to a Traffic Impact Assessment (TIA) and an Environmental Impact Assessment (EIA).
It provided local stakeholders, environmental organisations, and government authorities the opportunity to review the plan and submit their observations.