ARTICLE · 08 DECEMBER 1997

Incentives For The Manufacturing Industry In Malta

Rutter Giappone & Associates

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MaltaWealth Management

1. INTRODUCTION

The business environment in Malta operates on a smaller scale than many other European countries, but it is certainly not less sophisticated, progressive or dynamic.

Malta's industrial strategy is based on encouraging foreign direct investment in advanced technologies. The emphasis is on a progressive shift from high volume/low value to low volume/high value manufacturing activities.

The island's industrial drive has been successful in attracting a considerable number of high technology industries. Electronic consumer products are the main exports. Over 75% of the country's manufactured exports are directed to the European Union.

Malta's industrial base is well diversified. A strong emphasis is laid on the manufacturing of products that require specialized personnel, high production skills and meticulous quality control.

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