Prime Minister Joseph Muscat, accompanied by the chairman of FinanceMalta Kenneth Farrugia and the CEO of Malta Enterprise Mario Galea, recently addressed officials from the Chamber of Commerce of Milan, Monza and Brianza.

The meeting was also attended by a business delegation based in the Lombardy region that was given an overview of the business opportunities and Malta's attractiveness as an investment destination.  

Prime Minister Muscat said that Malta is experiencing one of the best economic performances in the European Union which is three times higher than the European average. Dr Muscat added that last year Malta registered a surplus in public finances and a record number of people in employment. He also spoke about Malta's financial services sector which he said is flourishing due to the highly stable political economic environment.

The Italian business delegation was addressed by Farrugia who spoke about the financial services industry and the value proposition in the asset management, insurance and private wealth sectors. In his address, Farrugia highlighted the critical success factors that were driving the growth of the industry.  

Galea spoke about a number of economic sectors covering the manufacturing, life sciences, ICT and aviation sectors as well as developments in the new emerging sectors to include education, maritime services and logistics.