Malta Enterprise is organising a photographic competition with the scope of diffusing better appreciation and understanding of Malta’s rich industrial heritage and milieu, which spans back for entire decades and reflects the changes that the country itself has gone through.
Foreign direct investment flows in Malta within the manufacturing industry in 2013 amounted to €90.8 million.
This compares very favourably with the previous year, when a negative flow of €82 million was recorded within the manufacturing industry.
A total of 17 new FDI projects have been approved by the Malta Enteprise Board of Directors during the first six months of 2014, maintaining the positive momentum that saw a record 36 new FDI projects being approved throughout the previous year.
The Houston Intercontinental Chamber of Commerce (HICC) and Malta Enterprise have signed a Memorandum of Understanding in which they agreed to attract investment from the United States to Malta and to support Maltese firms wanting to do business in the US.
Malta’s trade with the Commonwealth countries rose to a total of €1.2 billion euro in 2013, an increase of €0.7 million from the 2012 level.
Malta Enterprise has launched a revised Get Qualified scheme by means of which students undertaking courses in specific industries or areas of study may get part of the costs back as a tax credit.
Malta Enterprise has launched two new programmes for export. These programmes will yield 485,000 euro of assistance to industry to export locally manufactured products. The programmes cater for industries that are new to export as well as to those that wish to expand their current export market.
Business First is offering a number of new services aimed at helping businesses and boosting their potential to succeed.
In keeping with the commitment to deliver a large number of services for businesses under one roof, the one-stop-shop facility is being strengthened with the presence of officers from the VAT Department at Business First.
Baxter will be creating 190 new jobs at its plant in Malta as a result of the company’s latest investment.