Investor Confidence In Malta Hits Highest Level In Nearly A Decade
Malta has just scored its highest rating in nearly a decade when it comes to foreign investment appeal, according to the latest EY Malta Attractiveness Survey.
A whopping 79% of investors now say Malta is an attractive destination for foreign direct investment, a massive jump of 25 percentage points from last year’s 54%.
That’s Malta’s best result since 2016, when investor optimism peaked at 87%. After a dip that saw attractiveness plunge to just 37% in 2021, this rebound marks a major turnaround for the island’s business image.
Most investors cite Malta’s beneficial corporate tax regime, stable social climate, and strong communications infrastructure as key reasons they’re choosing to set up shop here.
Around 58% even said energy costs are lower than in other countries.
Still, it’s not all sunshine and tax perks.
Two-thirds of investors (67%) say they’re struggling to find workers with the right skills, especially in fast-growing sectors like AI.
Many warned that Malta’s skills shortage could threaten long-term growth, even as nine out of ten companies plan to keep or expand operations locally over the next year.
Tourism remains Malta’s biggest growth driver, but AI is being hailed as the sector with the most untapped potential.
What do you make of this?
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