17 February, 2020

At the forefront of Economic matters


The Malta Chamber met with Silvio Schembri, Minister for the Economy, Investment, and Small Business, last week to discuss matters relating to Malta’s reputation and the impact this was having on investment and the economy.

The delegation, which was led by Malta Chamber President Perit David Xuereb, spoke about issues of competitiveness in general, but mainly in cost sensitive sectors such as manufacturing. In relation to the same topic, the Chamber underlined its preoccupation on energy costs and incentives, industrial relations as well as the ever-increasing challenges brought about by skills shortages.

The Chamber also spoke about the recent campaign it led in collaboration with Malta enterprise titled ‘Make it’ which cast a light on the exciting careers in the Manufacturing Industry. The campaign which ran during the first quarter of 2019 registered extremely encouraging results, as it was addressed at teens and young adults who would be at a point in their lives when they would be choosing their career paths.

The meeting also discussed the success of the public private partnership the Chamber entered with Government Trade Malta, as well as the Chamber’s vast number of initiatives in the important field of Internationalisation.

Mr Xuereb also told Minister Schembri how the Chamber was launching its new Economic Vision for the country on Wednesday.

Other topics that were discussed included the importance of the 6/7ths tax system for FDIs, the Chamber’s Family Business Initiatives and the Chamber position regarding on Air Malta.

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