Call for proposals to rehabilitate Pixkerija and propose enviro-social, cultural uses

The concession period will be 65 years with an initial minimum investment of €18 million and other reinvestments

The Old Fish Market building (Photo: MSPP)
The Old Fish Market building (Photo: MSPP)

A call has been made for proposals to rehabilitate the Old Fish Market site in Valletta, known as il-Pixkerija, for enviro-social or cultural uses.

The concession period will be 65 years with an initial minimum investment of €18 million and other reinvestments throughout the concession period.

The site, located in Barriera Wharf in Valletta, has immense scenic value as it abuts on the Valletta fortifications and thus enjoys unique spectacular views of the Grand Harbour, Fort St. Angelo and the Three Cities.

It consists of the Fish Market Building (Il-Pixkerija), the former quarantine hospital, and three Pinto stores, which are all classified as Grade 1. It also includes the building that presently houses the Ministry for Energy, Enterprise, and Sustainable Development and the area fronting the buildings and seashore.

All the buildings except for the Ministry building, are in great need of restoration.

The Pixkerija site at the Barriera Wharf in Valletta (Photo: MSPP)
The Pixkerija site at the Barriera Wharf in Valletta (Photo: MSPP)

Malta Strategic Partnership Projects Limited, the government-owned company that was entrusted with this project said that environmental considerations, during both planning and operational phases are an important part of the requirements within the request for proposals.

“This project forms part of Government’s commitment to regenerate Valletta through the reconciliation of the conservation and maintenance of Valletta’s historical fabric with the transformation of sites into a truly sustainable and living environment,” MSPP said.

Printed hoarding will be required to minimise the visual impact of works and applicants are invited to propose environmental, cultural and social measures and actions to be funded by the applicants themselves with the objective of ameliorating the lower part of Valletta.

Direct revenue for the government from the ground rent and concession fee, amongst others, amounts to circa €615,000 per year, which includes an annual ground rent, fixed at €357,565, apart from the fixed annual permit fee payable to Transport Malta and a concession fee set at €208,250.

€2 million of annual tax revenues are estimated to be generated directly, rising to €4.6 million inclusive of multiplier effects.

The call for proposals will open on 18 March 2023 and will close on 30 August 2023. Related documents can be found at www.etenders.gov.mt.