The better the question. The better the answer. The better the world works. У вас есть вопрос? У нас есть ответ. Решая сложные задачи бизнеса, мы улучшаем мир. У вас є запитання? У нас є відповідь. Вирішуючи складні завдання бізнесу, ми змінюємо світ на краще. Meilleure la question, meilleure la réponse. Pour un monde meilleur. 問題越好。答案越好。商業世界越美好。 问题越好。答案越好。商业世界越美好。

Welcome to the transformative age

EY’s Attractiveness Survey
Malta
October 2018

Disruption? Then what?

Until recently, the paradigm shifting term used to point toward the future was "disruption". No conversation was complete without it, and it was forcefully promoted as the key to understanding practically every gnawing issue in business. Disrupting markets, processes, institutions and models started to sound like the answer, rather than the question.

It is now becoming increasingly clear that, important as it may be, disruption is the symptom rather than the cause of the fundamental changes taking place in our world. Clearly, disruption was and will remain the heads-up for a wider epochal change. But it’s only a heads up to a future we are still in the process of imagining. To come to terms with what is in store for us in the near and – even more so – distant future, we need to shift gear to a related but very distinct and much more far-reaching phenomenon. That of transformation.

Transformation is taking place everywhere around us and at all levels — in the way we communicate, buy, sell, invest, pay, work, move, instruct and learn. Even the way we decide is being transformed. Some are going as far as to contemplate our transformation as members of the human species. We are in the process of radically changing who and what we are.

Malta has made admirable strides forward to be proactive in embarking on this exciting journey, particularly with its efforts to become the blockchain island and to seriously embrace the challenge of FinTech. Positive signals about artificial intelligence, digitalization and other emerging areas are also helpful. I am optimistic that, if we continue to pursue this path, the Transformative Age will welcome us even before we welcome it.

In this context, it is once again a pleasure to share the results of this year’s EY survey of foreign investors in Malta – what they like and dislike about this country, their hopes, plans, and warnings. Here’s a quick preview.

Although there was a decline, three out of every four investors still believe that Malta remains attractive to their business. Equally significant, four out of every five are committed to remain here in 10 years, while 65% have expansion plans, the highest in the last three years.

EY – Ronald A. Attard

Ronald A. Attard
Malta Managing Partner

Executive Summary

EY – Numbers at a glance - Attractiveness EY – Numbers at a glance - Regulatory EY – Numbers at a glance - Skills
EY – Numbers at a glance  - Technology EY – Numbers at a glance - International EY – Numbers at a glance - Future

Malta in context

EY – Malta in context