Malta attracts $3.9bn in investment in 2022 – PM
Foreign News

Malta attracts $3.9bn in investment in 2022 – PM

Malta attracted more than 3.7 billion euros ($3.9 billion) in investment last year, Prime Minister Robert Abela said on Friday.

Addressing a conference launching the National Productivity Report for 2022, Abela said that the economic results were good

He added that his government would continue to work on renewed principles, with an economic vision for the future.

This will include the transition towards a knowledge-intensive economy, a greener economy, and embracing economic diversification to enhance the country’s competitiveness, he said.

While stressing change as key for the country to remain competitive and attract investment, he vowed to further strengthen the quality of life.

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“We need to increase productivity, strengthen the economy, and above all, provide a better quality of life for families.

We will also protect workers by providing better conditions and an improved income,” a statement issued by his office quoted him as saying.

The National Productivity Report for 2022 focuses on investment in research and development.

It also contained recommendations to strengthen investment. (1 euro = 1.07 U.S. dollar) (Xinhua)


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