Foreign investors losing trust in Malta's political stability, survey shows
Malta’s attractiveness to foreign investors is at its lowest-ever level since data started being collected, according to a survey published on Tuesday.
According to EY Malta’s attractiveness survey, a lack of stability in the political environment has gone from once being a leading factor in drawing investors to the island, to now being viewed as a drawback.
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The survey, conducted among foreign companies in Malta, saw the island given its lowest ever rating since the first survey 16 years ago.
The majority of respondents still find Malta an attractive destination for foreign direct investment. But, at 62%, this figure is the lowest the survey has ever recorded. The figure is down 15 percentage points from last year.
A quarter of respondents now say Malta is not an attractive investment destination - up 10 percentage points over 2019.
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The survey found that 80% expect their company to still be present in Malta in a decade's time - the same share as in 2019 - while the share of those who envisage leaving the country increased by six percentage...