Prime Minister Joseph Muscat accompanied by Finance Malta chairman Kenneth Farrugia and Malta Enterprise CEO 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 who were given an overview of the business opportunities and Malta’s attractiveness as an investment destination.

Dr Muscat said Malta was experiencing one of the best economic performances within the EU, which is three times higher than the European average. He went on to explain that last year Malta registered a surplus in public finances and a record 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 also addressed by Mr Farrugia, who spoke about the financial services industry and the value proposition in the asset management, insurance and private wealth sectors. In his address, he also highlighted the critical success factors that were driving the growth of the industry.    On the other hand, Mr 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.