The Malta Chamber noted with concern comments made by Minister Konrad Mizzi which were reported in the media that reduction of business electricity tariffs will have to wait until 2015.

Although the Malta Chamber acknowledges the constraints that Government is facing to render Enemalta sustainable, it cannot ignore the constant erosion of our industry cost-competitiveness that has become a matter to be tackled with utmost urgency.
This reality has been highlighted in the recently launched Malta Chamber's Industrial Policy Document which identifies the major pressing concerns for the sector, such as the provision of stable energy at competitive rates, transport costs and investment support, amongst others. The Malta Chamber reiterates its position that a timely intervention in addressing the energy costs would serve as a clear sign to investors that Government means business in giving growth and jobs the needed priority as is the case in other countries and regions.

In this regard, the Malta Chamber appeals to Government to reconsider its position in line with a recommendation made by the Chamber in November last year to reduce tariffs, at least with respect to the high energy business consumers, with effect from March this year.