Issue link: https://maltatoday.uberflip.com/i/565097
6 maltatoday, WEDNESDAY, 2 SEPTEMBER 2015 News The Ministry for Home Affairs and National Security Expression of Interest Insurance Policy to Cover the Maltese Disciplined Forces The well-being of the personnel engaged with one of the Maltese Disciplined Forces which are the Armed Forces of Malta, the Civil Protection Department, The Corradino Correctional Facilities, and the Malta Police Force are at the centre of the political and social agendas of this Ministry. To show in practice our commitment, this Ministry is requesting detailed information with regards to the creation of an Insurance Policy to terminate or mitigate risks which may be borne by the officers due to the dangerous nature of their duties. This Ministry is hereby inviting submissions from persons/organisations in possession of all the necessary permits granted under the National Legislation and Regulations to conduct trade in the Insurance business to submit their proposal including the following information: 1. Name of submitting person(s)/Organisation; 2. Contact information for person(s) authorised to represent the submitting person(s)/ organisation; 3. Brief Description of the person(s)/organisation, including legal structure; 4. A statement describing in detail the insurance policy, including the following basic c oncepts - Insurance Coverage Types of Insurance Policies: s )NDIVIDUAL s 0ARTNERS s &AMILY ! NOMINAL FEE MAY BE REQUESTED TO BE PAID BY THE /FlCER s 3INGLE 0ARENT Life Insurance s ,IFE )NSURANCE – Where a lump sum will be paid in case of death on duty. May also include the payment of any mortgages so that dependents would not be burdened with further financial difficulties. s !CCIDENT AND 3ICKNESS – If during the course of work, an officer suffers bodily harm (for example amputation or loss of sight) and/or other health issues (for example intoxication due to fumes), a lump sum would be paid in such an event. The Ministry is kindly requesting detailed definitions of what may constitute bodily harm and further specifications would also be needed on the various health issues that may occur. Health Cover s !CCOMMODATION AND .URSING )F CARE COULD NOT BE GRANTED BY 0UBLIC (EALTH institutions) s !NCILLARY 3ERVICES including operation theatre, drugs, dressings and surgical appliances used in connection with treatment and diagnostic procedures including pathology, imaging and all medical scanning )F CARE COULD NOT BE GRANTED BY 0UBLIC (EALTH )NSTITUTIONS s !CCOMPANYING !DULT !CCOMMODATION )F CARE COULD NOT BE GRANTED IN -ALTA s 0HYSICIANS 3ERVICES )F CARE COULD NOT BE GRANTED BY 0UBLIC (EALTH institutions) s /UT0ATIENT 4REATMENT including diagnostic procedures, medical scanning techniques, and treatment (If care could not be granted by Public Health Institutions) s .URSING AT (OME )F CARE COULD NOT BE GRANTED BY 0UBLIC (EALTH )NSTITUTIONS s #ASH "ENElTS when patient will suffer loss in pay due to the length of recovery. 5. Experience and Competence in similar service; 6. Contract Period; 7. Detailed Financial Costings. The Administration is hereby notifying all interested parties that the submission date is being extended BY ONE WEEK TILL THE TH OF 3EPTEMBER TILL NOON BY REGISTERED MAIL OR IN PERSON TO THE FOLLOWING address: 4HE 0ERMANENT 3ECRETARY -INISTRY FOR (OME !FFAIRS AND .ATIONAL 3ECURITY 3TRAIT 3TREET Valletta Or by e-mail on mhas@gov.mt All correspondence will be treated confidentially New law paves skyscraper – JAMES DEBONO THE Sliema local council has expressed concern that by rel- egating development briefs to the lowest rung in a hierarchy establishing the precedence of plans, the proposed plan- ning act could pave the way for the approval of the Fort Cam- bridge development. This is because as proposed the new law gives precedence to all other types of plans over development briefs designed to give specific guidelines on development on specific sites such as Fort Cambridge in Tigne. The order of precedence is that of the Spatial Strategy over the subject plan; the sub- ject plan over the local plan, the local plan over the action plan or management plan and the action plan or the manage- ment plan over the develop- ment brief. According to a local plan approved by the Malta Envi- ronment and Planning Au- thority in 2006 the maximum building height for the former military barracks that had re- cently housed the Holiday Inn in Sliema – now proposed for a 40-storey hotel tower – should be retained at the existing four f loors. But the latest development proposal envisions the reten- tion of the historical building's façade and the construction of Turkish port operator to acquire 31% stake in Valletta Cruise Port plc MIA, Bank of Valletta and FSG Limited selling shares as one stake to Global Liman Isletmeleri MATTHEW VELLA MALTA International Airport's 31% shareholding in Valletta Cruise Port plc is to be acquired by Turkish port management operator Global Liman Isletme- leri. Global Liman Isletmeleri oper- ates and manages ports primari- ly in Turkey, Montenegro, Spain, and Singapore. The company operates the Kusadasi Cruise Port, Antalya Port, Bodrum Cruise Port, Port of Bar, Cruers, Izmir Port, and Malaga port. It also engages in real estate; stor- age; and marine vehicle trade operations. MIA, together with Bank of Valletta and FSG Limited, en- tered into a binding share pur- chase agreement for the sale of 30.97% in VCP to GLI, a subsidi- ary of Global Yatirim Holding. The transaction is subject to regulatory approvals and the waiver of the pre-emption rights by the remaining shareholders of the VCP to allow the transac- tions to be completed in accord- ance with the terms agreed in the share agreement. The total consideration for the shares will be announced follow- ing the successful completion of the transactions. "For MIA, this is a strategic sale which allows us to shed non-core investments to focus on our core activities of running our airport," MIA chief execu- tive Alan Borg said. "For VCP, the addition of a stra- tegic shareholder with an impor- tant presence in the cruise mar- ket will certainly add immense value to VCP's business in the cruise industry. The transaction has been made possible through the cooperation between three shareholders in VCP selling their shares as one stake in the company." Last week, Vienna Internation- al Airport (VIA) tabled an offer to raise its stake in the Malta In- ternational Airport to more than 48% for around €63 million. VIA announced it had made an offer – conditional to the ap- proval of its supervisory board – to acquire SNC Lavalin Inc's stake in MIA. Since the privatisation of Malta International Airport in 2002, 40% of it has been held by the consortium company Malta Mediterranean Link Consor- tium Limited, in which VIA has a 57.1% holding via its subsidiary VIE (Malta) Limited. VIA also provides operating management for MIA and directly holds a fur- ther 10.1% of the shares in Malta Airport through VIE (Malta) Limited. At present, VIA's total holding in Malta Airport equals 32.94%. YOUR FIRST CLICK OF THE DAY www.maltatoday.com.mt