Having just finished drawing up a report on the possible regeneration of derelict areas in the environs of Grand Harbour, MIMCOL is now drawing up a similar study on the other side of Valletta, informed sources told The Malta Independent on Sunday.

The MIMCOL report will focus on the regeneration of the Valletta shore from Fort St Elmo to Marsamxett all the way to Pieta.

It is expected that the report will be finalised in the coming months and that a similar exercise to that taken for Grand Harbour will then be put in motion.