Minister for Transport, Infrastructure and Capital Projects Ian Borg announced a €3.5 million investment in financial schemes in the form of grants, to incentivise those who have invested or are planning to invest in more sustainable means of transport, and help them scrap their old vehicles and switch to an electric or LPG alternative.

The financial package will be divided into four different schemes: a scheme for the purchasing of sustainable M1 vehicles with an allocation of €1.8 million, a scheme for electric vehicles with an allocation of €1.6 million, a scheme for the conversion to Autogas with an allocation of €100,000, and a scheme incentivising the purchase of wheelchair-accessible passenger transport vehicles.

“We want to help all those who made more responsible choices earlier this year, in line with the government’s vision for the transport sector. All those who bought a vehicle eligible for one of the schemes this year, can apply and be given the grant back. In the meantime, the scheme is also open for all those who plan to change their means of transport to a more sustainable one throughout the rest of this year. Last year, we had more than 2,000 applicants benefitting from a similar package,” said Minister Borg.

He said that the government’s vision for a sustainable transport sector is holistic, and these schemes can only work together with other initiatives. Among these, Borg mentioned the free public transport scheme for several sectors of society, the investment being made in both road and maritime infrastructure, while also commending a number of sharing and carpooling services operating in the Maltese market.

“The transport strategy we have for our country is one that not only addresses the challenges we have today, but which is aimed at sustainability and environmentally-friendly progress. We will continue working on appropriate infrastructure, more financial help and better alternative services for our people and all those who visit our country. I encourage the people who are planning to make a change in their means of transport to make sustainable choices and benefit from this financial package we are announcing today together with Transport Malta,” concluded Borg.

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29 April 2020