The Prime Minister Robert Abela visited the new facility of Burmarrad Group, which expanded its operation with an investment of €12 million.
In inaugurating this investment in Marsa, where 14,000 square meters of industrial space have been regenerated in a center linked to vehicles, Prime Minister Robert Abela stressed that now is not just the moment to we keep talking about recovery but that recovery is now serving to reach higher and new levels.
He claimed this in a context that in many areas, the country is achieving better results than those before the pandemic.
Prime Minister Robert Abela defined the success of the family business and other companies as the biggest confirmation that Malta is moving forward and in the right direction.
The prime minister explained that this direction will lead to businesses continuing to grow and creating wealth so that the same wealth can then be spread so that we have an environment where Maltese and Gozitan families continue to move forward.
Dr Abela referred to two reports, one by the European Commission and another by the international credit agency Fitch, which all pointed out that Malta will be among the best in terms of economic growth.
Shortly after he also met the workers of Burmarrad Commercials and noted that in the last two years, the group has doubled the number of its employees to today employ a hundred people.
He meant this fact and other businesses that are expanding as a show of confidence in the country and here he mentioned how the government will continue to incentivize and give support as it is doing to maintain energy prices and stable fuel but still improving the state of public finances.
Prime Minister Robert Abela said that this is being done with a conscious decision that the new priorities of our country are being agreed by the entrepreneurs and they are even making these priorities their own.
Here he mentioned how the entrepreneurs are working on the sustainable goal such as investing in greener tools and technologies that take care of the efficiency in the use of energy.
Prime Minister Robert Abela said that in the Budget presented for next year the government is continuing to incentivize in favor of sustainable investment with measures such as doubling the financial aid for Maltese companies to invest in digital and sustainable projects apart from dedicated €20 million for climate-friendly renovation of commercial buildings in the private sector.
The prime minister concluded by saying that with these incentives the government will continue to invest in the education system so that the children have the skills for the work that is being created while investment is being made in the infrastructure and therefore the year a record capital investment of €920 million will be made next.
