Malta is a sustainable destination for investors, offering them diverse opportunities in innovation and diversification, Prime Minister Joseph Muscat told a gathering of investors in New York.
Speaking about the growth of the Maltese economy, Muscat said the government understood that further investment remained crucial to lead to a better quality of life for the Maltese.
The government’s plans are to consolidate existing investment but it would be wrong not to seek further opportunities to establish new economic niches in high-value industries, Muscat said.
Malta faced big challenges from other countries but possessed several strengths – such as European Union membership and forming part of the Eurozone – that others did not have, apart from also maintaining strong relationships with the US.
Malta also guaranteed political stability that investors looked for when they were seeking destinations for long-term projects, Muscat said.
