The Government will give full support to those investors who understand that in the economic transition that our country is going through, a greater emphasis on innovation and quality is needed.
This was the message delivered by Prime Minister Robert Abela when he was invited to inaugurate an investment by Polidano Group, which also included an investment that takes environmental considerations into account.
“Each sector is important, but equally important that each sector understands that the practices and priorities of ten, five years ago, today must continue to change,” said the Prime Minister.
The investment inaugurated included new offices and equipment that gave importance to the energy efficiency in the use of the building, to the storage and recycling of water and the control of emissions. “Investing €25 million over a period of a few months is something positive, that investment considering these aspects is something very wonderful,” said Prime Minister Abela.
He said that the Government is also strengthening the regulatory framework to ensure higher standards. “Because the country cannot stop doing works to improve the infrastructure, beautify our roads and modernize, but we can always do all this better. Innovation and technology should be an important tool for every citizen to feel that what is being done, is being done with respect for him. Therefore I keep stressing that every quality investment will find our support,” he stressed.
The Prime Minister explained that Government entities also have clear incentives for this direction. Existing schemes such as Invest, and for smaller companies Microinvest, incentivize changing machinery to make it cleaner. While schemes such as the Energy Efficiency Investment Aid and Smart and Sustainable Scheme are intended to change even the operation, plant and machinery to more efficient ones and therefore reduce the environmental impact on the operation with incentives a maximum of €100,000 or half the cost for each project.
In recent years, Malta Enterprise has also given an incentive through a machinery replacement scheme, with which €4 million were invested in cleaner machinery in the construction field. The Prime Minister referred to the project of climate-neutral factories that he visited and explained how these are another testimony of how sectors, which may be considered traditional, can be integrated in a good way with what we want in the world of today.
The Prime Minister reiterated that at the height of the challenges, this country kept moving forward and will continue to do so in the time to come. “Not that we recovered, but we left to run. So keep having courage to keep investing in our country”, said the Prime Minister to the present audience which was made up of people from different fields. “When you do all this look to the future. Be innovative, don’t be satisfied with what we have always done, but feel on your shoulders the burden of what kind of Malta we want to leave to future generations,” concluded the Prime Minister.
