Government has just announced the setting up a Special Purpose Vehicle (SPV) to finance City Gate Project.  Labour MEP Prof. Edward Scicluna talks about this financing mechanism and explains its pros and cons.

Il-Gvern għadu kif ħabbar li ser joħloq Special Purpose Vehicle (SPV) biex jiffinanzja l-proġett ta’ Bieb il-Belt.  L-MPE Laburista, il-Prof. Edward Scicluna jitkellem dwar dan il-mekkaniżmu finanzjarju u jispjega l-vantaġġi u l-iżvantaġġi tiegħu.

– Smash TV : Friday, 27th April, 2012