In the same breath that Angelo Xuereb looks back at his achievements of AX Holdings over the past 35 years, he adds: “I wish we did more”. He is full of energy and still puts in a 12-hour day and appreciates most of the determination he has demonstrated over the years.
Federation of Building Contractors president Angelo Xuereb warns that Malta risks failings its energy objectives unless it acts fast. Whereas the EU is talking about 20 per cent clean energy by 2020, better insulation and zero energy building as well as a reduction in overall energy consumption, Malta lags sorely behind.
Angelo Xuereb, president of the Federation Building Contractors, say there are many ways to reach energy efficiency involving both the use of alternative clean energy and the reduction of energy use.
Property is considered a favourite investment amongst most Maltese. The price of the property and its fluctuation, therefore, surely creates enormous interest. The Malta economic update spoke to Angelo Xuereb, one of Malta’s leading entrepreneurs in property development about the current property market situation.
For the past 20 years, since October 29, 1989, I have written many articles on how we can revive and restore our capital city Valletta and bring about its renaissance. Recently I published a major practical proposal for the transportation Network car parking and access to our capital city which would complement Renzo Piano’s plans.
Since I first proposed a master plan for Valletta (The Sunday Times, October 29, 1989), many articles reports, presentations, etc. on the subject of Valletta’s rehabilitation have been done and our gem of a capital city still looks neglected.
The construction industry in Malta is thriving well and continues to represent one of the most important sectors in the economy. However, it is an industry inundated with issues like health, and safety, registration of contracted, labour shortage and standardisation, among others.
It is undeniable that a frequent cause for court cases are disputes about party walls. This is mainly due to limited space and the construction methods that we have adopted over the past few weeks. Not os long ago, a six-storey building with one basement floor was considered a high structure.
Azzjoni Nazzjonali recently proposed the development of the Sliema Waterfront in an attempt to embellish the town and to bring out it true potential. During a presentation of his party’s proposals at the Palace Hotel in Sliema, AN deputy leader Angelo Xuereb insisted that the commercial centre should remain based around the promenade of The Strand, Bisazza Street and Tower Road, and not directed to Tigne’ Point, where a massive project is underway.
AX Holdings is one of Malta’s leading construction groups. Founded in 1975, the company has been through all the ups and downs of the Maltese property and construction business. The Malta Economic Update spoke to Angelo Xuereb, the group’s founder, to discuss their plans for the future.