30 August 2013

FDI in Malta doubled in 5 years

Found on MaltaIndependent on August 27th, 2013: "PN deputy leader Mario de Marco, spokesman for the economy, welcomed the NSO statistics showing that foreign direct investment in Malta more than double over the past five years, from €5.7 billion in 2008 to €12.3 billion in 2012.

This increase in investment was no coincidence, more so when considering that in the last five years the world had the biggest economic and financial crisis for 100 years, deadening the will for investment and creating unemployment.

Dr de Marco said investment in Malta doubled because of different schemes and incentives which the government launched. And investment was attracted from different sectors, including financial services, gaming, educational services, information technology and aviation.
In manufacturing investment increased by more than 20 per cent over the same period, attracting value added work to Malta in sectors such as... read on."