Key findings pertaining to Malta Enterprise’s performance for the period between 2013 and 2016 were presented to stakeholders and industry during a business breakfast discussing ‘Should Malta Attract further FDI?’ held on January 15, 2018.
ME’s performance during the period and provisional data for 2017 demonstrate that Malta remains a competitive location for high value added and capital intensive operations The results also show that FDIs operating in Malta for a number of years are continuously expanding their operations. These include companies in precision engineering and electronics as well as those operating in the maintenance, repair and overhaul of aircrafts. Practically all large players have registered growth, demonstrating the importance ME places on helping existing industries - both foreign and local - to grow.
The tables below illustrate the support that was granted by Malta Enteprise in favour of local and foreign investors operating in eligible sectors (Table 1) and projects approved by ME (Table 2).
|
Support Measure |
Number of Beneficiaries |
||||
|
|
2013 |
2014 |
2015 |
2016 |
TOTAL |
|
Support on Investment |
1,076 |
1,161 |
1,418 |
1,778 |
5,433 |
|
Trade Promotion |
119 |
87 |
114 |
147 |
467 |
|
Business Development, R&D&I |
57 |
76 |
55 |
110 |
298 |
|
Start-up support |
9 |
4 |
3 |
53 |
69 |
Table 1 – Malta Enterprise Support Measures by year
|
Year of Approval |
FDI New |
FDI Expansion |
Local New |
Local Expansion |
TOTAL |
|
2013 |
35 |
11 |
29 |
26 |
101 |
|
2014 |
28 |
10 |
3 |
18 |
59 |
|
2015 |
20 |
11 |
18 |
60 |
109 |
|
2016 |
11 |
15 |
20 |
65 |
111 |
|
2017(P) |
17 |
8 |
16 |
80 |
121 |
Table 2 – Malta Enterprise approved projects by year