Investor Confidence in Malta Rebounds Sharply, EY Survey Finds Investor sentiment towards Malta has improved significantly, with 79% now viewing the island as an attractive location for Foreign Direct Investment, according to EY’s 21st Attractiveness Survey. This marks a sharp recovery from 54% last year. Strong confidence in Malta’s corporate tax regime and social stability remain key drivers, while perceptions of political and regulatory transparency have strengthened. Concerns over reputation and global tax reform have notably eased. However, investors highlighted persistent challenges: skills shortages were cited by 60% as the greatest threat to Malta’s appeal, followed by rising costs and infrastructure pressures. The findings underscore the urgent need to invest in education, workforce development and capacity to sustain Malta’s competitiveness in the years ahead.(Maltatoday)
Revised Metro Plans Cut Cost to €2.8 Billion, Says PM Malta’s long-discussed metro project could now cost around €2.8 billion, Prime Minister Robert Abela revealed on Wednesday — less than half the €6 billion estimate from 2021. The revised proposal outlines a “hybrid” underground and overground system, with parts of the network built on undeveloped land. Abela said the figure includes projected overruns, but no decision date has yet been set. He confirmed that consultancy firm ARUP has not yet met with the finance minister to discuss costs. When asked about Clyde Caruana’s recent warnings over financial risks, Abela said he agreed on the need for responsibility but added that Malta must still “build the transport system of its future,” describing the metro as a potentially defining national project. (Times of Malta)
Four in Five Maltese Teens Say Alcohol Easy to Obtain A new EU-backed study has found that 80% of Maltese adolescents aged 15 to 16 find it easy to buy or access alcohol, despite being under the legal age. The findings come from the European School Survey Project on Alcohol and Other Drugs (ESPAD), led locally by the Foundation for Social Welfare Services (FSWS). The report, presented at Spazju Kreattiv, offers an insight into young people’s experiences and habits, helping Sedqa develop targeted prevention strategies. While alcohol remains the most common substance used, researchers noted a growing perception that cannabis is also easier to obtain. Authorities say the results will help shape more effective education and intervention programmes aimed at protecting youth wellbeing. (TVM News)