Although several of the planned events had to be cancelled due to the lockdown regulations, FTZCOM still hosted 11 activities at the Splendid Cultural Incubator. It continued to support VCA’s Strada Stretta Concept, under the artistic direction of Prof. Giuseppe Schembri Bonaci, and offered its services and facilities to numerous artists. It also renewed its permits to restore and upgrade the two Strait Street properties it manages in Valletta. In this regard, talks finally resumed with the Lands Authority to draw up a long-term agreement for the use of the premises.
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The FTZcom foundation came up with the project to revive the then rundown Straight Street neighbourhood in 2008, at a meeting it held for the cultural spaces where to exhibit or perform their work. To address this, the foundation designed the Strada Stretta initiative and financed its first years of operation through the EU funded Interreg Med Project I.C.E.
The Campaign to rehabilitate Strait Street, launched by means of an exhibition of works by 16 artists at Splendid, in April 2011, generated a strong interest in the area. Since then, the venue provided a base for the performances and exhibitions, rehearsals, meetings, and innovative cultural events of an emerging creative cluster. New start-ups , theatre groups, cultural operators, and young artists and performers have relied on the services offered.