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Malta places second for quality of foreign direct investment
30/10/2014

Malta places second for quality of foreign direct investment

Malta placed second worldwide for the quality of foreign direct investment (FDI) it attracted, Industry Minister Chris Cardona said quoting the IBM Global Location Trends Report (2014, which takes into account the FDI projects approved last year.

Reacting to the report, Dr Cardona said this was a clear indicator that the strategy the government had embarked upon was bearing fruit.

Ireland placed first in the quality and value of FDI Index. Malta placed second, followed by Denmark, South Korea, Japan and Sweden.

Last year, Malta Enterprise attracted 36 completely new FDI projects. By June, it had approved 17 new FDI projects. The fastest growing sector of FDI attracted to Malta is that of health-related investments. However, precision engineering and niches requiring a high degree of digital creativity were also thriving. 

Source "The Times"

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