Modernisation of equipment — Construction

Modernisation of equipment — Construction

Incentivising Environmentally friendly construction vehicles and equipment

Objective and budget:

– Encourage operators in the construction industry to scrap and replace old machinery / equipment with new equipment that generates less emissions, reduces harmful emissions.

– Businesses engaged in construction activities will also be supported to invest in new equipment that has the sole purpose of reducing the environmentally harmful emissions released by the activity.

– This incentive has an overall budget of €4,000,000.

– Each beneficiary can benefit up to €200,000 in line with de minimis aid.

Eligible activities:

a) Construction of immovable property, excavation and demolition contractors; or

b) Provision (renting) of equipment to businesses engaged in the construction of immovable property, excavation and demolition contractors; or

c) Transportation of material related to the construction of Immovable property, excavation and demolition contractors; or

d) Owners/operators of quarries and batching plants; or

e) Building and finishing contractors.

Eligible costs:

1. Cash grant covering up to 40% of costs

Replacement of construction machinery manufactured prior to 2015 with new machinery / equipment that will result in a reduction in harmful emissions –

Additional support of up to:

a) 20% if the machinery/equipment is powered by an electric engine (battery);

OR

b) 10% if the machinery/equipment is powered by a hybrid engine

2. Cash grant covering up to 40% of costs –

Procurement of new machinery / equipment used exclusively to reduce harmful emissions generated by construction activities.

3. Cash grant covering of up to 25% –

Replacement of construction machinery /equipment that was manufactured prior to 2015, with second hand machinery /equipment which will result in a reduction in harmful emissions, provided that such equipment:

a) Has been manufactured after 2016; and

b) Has not been previously used in Malta; and

c) Is certified to meet the original environmental parameters as manufactured by a certified engineer.

Application Process:

Scheme will commence on 1st December 2020 until 31st May 2021.

Submission of application form prior to purchasing of machinery / equipment

Application will be available on the Malta Enterprise website in the coming weeks and will need to be submitted through the Corporation’s client portal.

Applications will be processed on first-come first-served basis until budget allocated for this measure is fully utilised.

Claim Submission:

Undertakings shall claim the eligible costs as approved by the Corporation.

Claims must be supported with appropriate fiscal documentation and proof of payment.

A destruction certificate as proof that the old equipment / machinery has been scrapped must be presented.

Equipment must be maintained operational by the beneficiary for at least 3 years from date commissioned.

Contact details:

Business First 144

Email [email protected]

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