3 June 2014

Chamber, minister aiming to revitalise industrial sector

Chamber of Commerce issues document outlining strategic recommendation for first ever industrial policy in Malta

MaltaToday 23/05/2014: The Chamber of Commerce this morning published a document that aims to boost local industrial sector.

The document, which serves as a precursor to a more comprehensive one to be published soon and outlining the country’s economy vision until 2020, includes 64 recommendations for Malta to implement its first ever industrial policy.

Amongst the suggestions outlined in the document are the boosting of a skilled labour force with competitive wages, stable energy at competitive rates, efficient and competitive transportation links, better access to finance and reasonable factory occupancy costs.

Chamber president David Curmi said that the policy is in line with Europe’s strategy, which aims to increase the output from its manufacturing sector from an average of...read on.