What foreign investors like and dislike about business in Malta
Three in every four foreign investors believe Malta is an attractive destination to invest in, a survey run buy EY of top executives has found.
The EY Attractiveness Survey 2019 found that foreign-owned firms are most keen on Malta developing its education and skills base and investing in digital technology and infrastructure.
80% of respondents said they expected to still be operating in Malta in 10 years' time.
86% of respondents cited Malta's corporate taxation framework as a pull factor. Social stability (75%), telecommunications infrastructure (72%) and the potential to increase productivity (63%) were also frequently cited as reasons for investing in Malta.
73% said they believed Malta is keeping pace with regulatory changes in other countries
43% of respondents feel the country's transport and logistics infrastructure could be improved.
Companies would like to see a reduction in labour costs (28%).
Investors want policy-makers to focus their efforts on up-skilling the workforce to ensure they have the digital skills needed for modern-day industries.