A resounding majority of investors (84%) think that Malta is attractive for foreign direct investment. They are drawn by its political, legal and regulatory stability and the legislative framework.
Malta's attractiveness for FDI
Eighty-four percent of executives surveyed think that Malta is attractive for FDI. This is an increase of five points over the findings from the 2014 survey. Respondents from the financial service sectors tend to be the most optimistic about Malta’s current attractiveness.
Malta's most attractive FDI parameters
Stability of social climate and stability and transparency of the political, legal and regulatory environment are the top two ranked Malta FDI parameters for respondents.
Transport and logistics infrastructure, domestic or regional market and R&D and innovation environment are considered to be the least attractive FDI parameters in Malta.
Driving Malta's growth in the future
Fifty-five percent of companies surveyed have some form of expansion plans in Malta over the next year.
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.
Malta: open for business
The entities that are considered to be most open to business include the central government (65%) as well as the regulatory authorities (61%). The country’s legislative framework is also looked at relatively positively from this point of view.
Malta's legislative framework offers an international competitive advantage
It is reassuring to note that the Maltese legislative framework is seen to create a strong competitive advantage in both the European and global markets, with this proportion increasing by a full 8% to 59% in this survey. However, it must be noted that the “no” replies also increased by 3% to 32%.
Remaining attractive in the face of global competition
Increasing global competition has been a reality for a number of years now. For a country with a small and open economy it is important to focus on the areas that will sustain and boost attractiveness in this evolving global scenario.
Presence in Malta in 10 years' time
One of the most positive indicators of the 2015 survey is the increase in the number of firms predicting to still be present in Malta in 10 years’ time. This figure has increased from 59% in 2014 to 71% in 2015.