On the 26th of March 2015, Prime Minister Joseph Muscat launched the Yachting Malta Limited, a joint venture between the Royal Malta Yacht Club and the Government of Malta through Malta Projects Limited.
As has been previously emphasised, yachting is of utmost importance to the local industry and not just simply enjoyed as a pleasurable pastime, but is considered to be an asset to the maritime sector that encourages economic growth.
The Prime Minister emphasised that the main purpose of Yachting Malta is that of an increase within the yachting industry and for Malta to become the sole destination when it comes to yachting matters. Yachting Malta will thus focus on developing a business plan to attract more yachting related activities which will be an onset benefit to the economy of the country.
Godwin Zammit, commodore of the Royal Malta Yacht Club, has expressed his confidence in the Malta Government with respect to this joint venture and reiterated the Prime Minister's point on committing to the task of making Malta a truly unique destination for yachting enthusiasts.
For an island steeped in maritime history and boasting one of the most spectacular harbours, it was only fitting for Malta to host the opening stage of the RC44 Class Valletta Cup between the 23rd and 29th of March. The Valletta Cup featured 5 day of intense racing of 12 identical RC44 Class boats racing off Sliema coastline and inside the Grand Harbour.
The race was a joint venture and co-hosted by the Ministry for the Economy and Yachting Events under the auspices of the Malta Sailing Federation and the Royal Malta Yacht Club, supported by the Malta Tourism Authority.
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