Malta’s Economy Minister Silvio Schembri has hinted at the country’s biggest foreign direct investment ever, with STMicroelectronics’ expansion of its Smart Factory being a key project. This investment is expected to boost Malta’s economy, driven by the government’s focus on automation, digital transformation, and innovation.
Schembri emphasized that Malta’s strategy prioritizes continued investment in skills, research, and technology to sustain growth in sectors like semiconductors, manufacturing, logistics, fintech, and digital services.The investment is part of Malta’s efforts to become a prime destination for tech-driven foreign direct investment, with a business-friendly environment and robust infrastructure supporting its growth.
