Professor Phedon Nicolaides from the College of Europe and University of Maastricht delivered a training session on State Aid for Malta Enterprise personnel.
The training session, which was being held for the second time, was coordinated by the Incentives Management Unit within the corporation and had the aim of empowering Malta Enterprise personnel on State Aid regulations as well as helping them to keep abreast with the extensive State Aid modernization.
Malta Enterprise approved a total of 128 major projects in 2017, with a healthy mix of local and foreign projects. Of these, 33 were new projects and 95 were expansions of existing operations.
Forecast investment collectively amounts to €249.2 million, while new employment generated within three years as a result of these projects is envisaged to reach 2,251 jobs.
Sectors mainly comprised manufacturing, life sciences including pharmaceuticals and medical services, ICT and digital media, as well as other services.
Representatives of Malta Enterprise and the Department of Contracts within the Ministry of Finance visited Madrid to participate in a number of fact-finding and capacity visits, and to participate in an international innovative public procurement workshop within the framework of the Innova Foster project.