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NOUVELLES FRONTIERES (NF) IN SEARCH OF INVESTMENT OPPORTUNITIES

PR0719
Date Icon 26/05/2000

NOUVELLES FRONTIERES (NF) IN SEARCH OF INVESTMENT OPPORTUNITIES

NOUVELLES FRONTIERES (NF) founder and owner Chairman, Jacques Maillot was on a seven-hour visit to Malta late last week to address delegates attending the Citroen Conference.

During his stay the NF Chairman met Tourism Minister Michael Refalo for discussions about the current state of the French tourist market to Malta and NF's prospects.

At the meeting, which Minister Refalo considers as extremely positive, Mr. Maillot confirmed that NF would match the Malta Tourism Authority on a 50:50 basis in any promotional and advertising campaign which the Authority planned for France. After stating that he would look into the possibility of Corsair (NF's airline) flying charter chains from other French regional airport, Jacques Maillot expressed his keenness that NF invest in Malta.

"If we succeed in finding the right property – a five to six hundred bed hotel close to the sea – NF would seriously consider buying or managing it to add to our Paladiens club hotel resort chain. We would then have a greater interest to promote Malta even more vigorously".

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