50 years of FDI: Looking forward
EY’s 2014 Malta attractiveness survey
Malta as an FDI destination
Over three quarters of existing and potential investors believe that Malta is currently attractive for FDI. This year’s report paints a very favorable picture of Malta as an FDI destination and shows that significant opportunities exist in Malta.
This report provides a detailed analysis of the views held by existing FDI investors in Malta. 79% of investors believe that Malta is currently attractive for FDI, and more than half think that it will remain so in the next three years.
More than half (56%) of the foreign owned companies surveyed indicate that they have plans to expand operations in Malta in the next 12 months. An even larger percentage (59%) expects to remain in Malta in the next decade.
What makes Malta so successful in attracting and retaining such FDI in today’s rapidly-changing market place?
Even though sectors and types of operations have and will continue to change, Malta has remained attractive for FDI. The ability to act quickly and nimbly in reaction to developments and threats, both real and potential, is considered to be very important. So are the short ‘decision lines’ and the ability to contact all levels of government in a very short timeframe.
Over half of respondents (51%) indicated that Maltese legislation created a competitive advantage in European and global markets, and this is something that Malta should build upon.
Despite an increase in average labor rates, respondents indicate that Malta’s workforce remains a relatively competitive one. Moreover, Maltese employees are renowned for their hardworking and flexible attitude as well as their skills and multilingual abilities.