2020 was not a good year for small and medium enterprises, and if they don’t receive the help they need, a good number of them will end up shutting up shop, the Malta Chamber of SMEs warned. Only one third of the businesses believe that they can survive beyond 2021 in the prevailing circumstances.
This was stated during a press conference detailing the results of the State of Business survey for 2020, which is undertaken every year. The survey highlights certain aspects of small and medium enterprises which show the state of their businesses and prospects for it.
The State of Business survey interviewed 230 busines. These include a wide variety of enterprises from various business sectors.
One of the points that was highlighted was that there were some businesses which were not ordered to close, but since they depend on other businesses, they had to close as well. This is as some of the businesses that they were providing products or services to had to close, so it wouldn’t have been sustainable to stay open.
The survey showed that the biggest concerns in terms of financial constraints were low sales levels (26%), cash flow (17%), and problems in collecting payment (15%), among others.
Malta Chamber of SMEs President Mr Paul Abela insisted that the current situation “is not good at all” and appealed to all businesses to stay positive. He continued, “this is like a person was in ITU and he got out of ITU”.
Abela observed what the government can do to aid such businesses, namely with the help of extending the moratorium of banks and the wage supplement.
“The moratorium of banks should stay there, and I will continue to appeal to the government about this.
CEO Abigail Mamo noted that from the survey, it showed that businesses are having the courage to pay their loans and pay for innovative transitions, but they still need help. “There are a lot of businesses trying to pay, even though they find themselves in a dire situation. If from March onwards the moratorium won’t be extended, we fear there is going to be a big problem.”
Vice President Marcel Mizzi said that there is a stark difference between what was seen in 2019 when compared to 2020. “Every year I usually say good things, but this year was shocking. There is the need of more help, otherwise a lot of businesses will end up closing.”
13% of businesses surveyed said that they can only survive in the current situation for up to 3 months, while 32% said they can last longer than 12 months.
One of the outstanding features is that 69% of the businesses said that they would require the wage supplement for up to 12 months.
In terms of how long businesses need an extension to the bank moratorium (which includes only businesses who were already benefiting from it), 48% said longer than 12 months and 43% said that they need up to 12 months.
A number of businesses are also not confident that the vaccine will have a great affect, with 49% saying that Covid-19 will be with us for much longer.
Another grim feature in the survey results is that 82% of businesses reported a decrease in their sales; 43% of the businesses surveyed said that their sales had decreased by up to 50% or more.
On a positive note, 18% of businesses which saw an increase in sales said that it was due to more online presence, something which Mizzi noted he had been promoting for years. “Necessity is the mother of all innovation,” he said.
Change in consumer preferences also had 16% of the share, with one of the main reasons being that people were spending more time in their homes and buying items related to it, the chamber noted.
Compared to previous years, the 2020 festive season was also a bleak one for small and medium enterprises, with 83% reporting that their business fared worse than in previous years. “Compared to other festive seasons, it was a total disaster,” Mizzi said.
Asked about what their plans are for 2021, 32% of businesses said they are going to keep it the same size as in 2020, while 16% said they will try to offer their products or services online.
The SME Chamber noted that “this is encouraging, as although 2020 was a tough year, businesses are still trying to keep their heads up” .
The Malta Chamber of SMEs said that they’re trying to find solutions with the government. They are trying to ameliorate the situation, trying to get businesses to get innovative.
Mr Paul Abela President of the Malta Chamber of SMEs participated in a virtual meeting organised by the British High Commission in Malta to understand local business concerns and the impact of the EU-UK Trade and Cooperation Agreement.
Mr Paul Abela highlighted the main difficulties by local importers and exporters while High Commissioner Cathy Ward discussed with local business leaders the way forward for a prosperous bilateral future.
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A brief summary of this document which relates to businesses
The Ministry for the Environment, Climate Change and Planning has developed a Waste Management Plan for the Maltese Islands 2021-2030, as mandated under the European Union Waste Framework Directive and as transposed in local legislation.
The consultation period is currently open and ends on the 31st of January.
Information Meeting – Thursday 28th January at 14:30hrs
The Malta Chamber of SMEs will be organising an information meeting about this document and will be compiling feedback which would be formally submitted. Should you wish to attend this meeting kindly click here to register.
Below you may view a summary of the plan and the main points which affects businesses:
The various measures have been split based on the timeline of short term (2021- 2023), medium term (2024-2027) and long term (2027-2030).
Key priority areas for the Waste Management Plan 2021-2030 have been identified in alignment with the strategic objectives.
The plan mentions that voluntary initiatives will be encouraged, such as:
Introduce a voluntary industry agreement to encourage commitments to reduce waste across various commercial sectors (WP_V3)
Some examples include offering loose vegetables, buy-in-bulk sections, offering local produce, water refill stations, displaying signs asking whether another bag is necessary, ‘plastic-free aisles’, educating on the difference between ‘use by’ and ‘best before’ dates, promoting SMART shopping, offering water refills, incentivising reusable cups for coffee and other beverages, sourcing local and seasonal produce, and developing a network of takeback containers for delivery. The Waste Management Plan state that the voluntary agreement would be established in cooperation with relevant industry bodies and stakeholders, and participating establishments would benefit from recognition and a standardised eco-label, developed in partnership with relevant stakeholders.
Waste from small establishments to be collected with household waste
The WMP document states that “commercial waste producers are known to utilise the household collection service in order to avoid charges.” While the extent of this is issue remains unclear, an analysis of total collected waste by weight over time indicates a strong seasonal pattern to waste generation, where additional waste is entering the household collection system over the summer tourist season; this is aligned with the known boost to commercial activity over tourist season. New measures will be proposed in this Waste Management Plan to incorporate commercial waste from small establishments to be collected in the same round alongside domestic waste to maximise efficiency.
Addressing Commercial Waste
Commercial waste is defined in the Waste Regulations (S.L. 549.63) as waste which is generated “from premises used wholly or mainly used for the purposes of a trade or business or the purposes of sport, recreation or entertainment, excluding household waste, industrial waste and extractive waste91”.
The objective of the Ministry for the Environment, Climate Change and Planning is to incentivise the separation at source of municipal solid waste generated by the commercial sector. This should in turn lead to lower volumes of mixed waste (black bags) and increase the recycling rate. The ultimate aim is to maximise the resource value in commercial waste and to limit significantly the amount of residual waste sent for recovery and disposal.
The Ministry states that it will implement measures to promote the prevention of waste generation and secure the correct separation at source to maximise the recycling potential of organic and recyclable waste from commercial entities. This will be achieved not least through the introduction of a pay-as-you-throw mechanism in line with the Polluter Pays Principle.
Commercial waste policy – current status and future needs
The Waste Regulations (S.L. 549.63) already ascribe the duty of care of waste to its producers and holders, but to date, there are no specific regulatory obligations on owners or operators of commercial establishments to separate such waste at source, nor to manage the waste they generate. The only waste-related regulatory instrument applies to catering establishments, defined as “restaurants, snack-bars, bars, nightclubs/ discotheques and kiosks” duly licensed by the Malta Tourism Authority (S.L. 409.15), and for hotels and licensed tourism accommodation facilities (S.L. 409.04). These establishments are specifically obliged by their permit to engage a third-party contractor to collect their waste. However, there is still no mandate to separate this waste at source. Furthermore, the enforcement of this provision requires strengthening as it is currently considered weak.
Government pledged to regulate waste generated by the commercial sector as part of Budget 2019 (Measure 55 – Budget 2019). This had already been identified as a point of action in the Waste Management Plan 2014-2020, but no action had been taken to the detriment of public finances.
Commercial Waste Measures
In order to address the negative implications and externalities associated with the current disposal model for commercial waste, a variety of measures are being proposed. These measures, to be implemented over three phases, will aim to move waste up the management hierarchy – through prevention and correct recycling – as well by reducing the reliance on limited landfill space. This will also support Malta’s transition to a more circular economy.
Phase 1: Promote the voluntary separation of organic waste
Measures enacted in the short term will aim to encourage a shift in practices towards waste prevention and proper separation. This will transition to a regulatory obligation thereafter.
Explore the introduction of a service charge to implement the pay-as-you-throw concept (WMRO_ CW1)
This is the first step, intended to prompt preparatory voluntary action by commercial establishments to the reality that we must face up to.
In order to facilitate this transition, additional, free Saturday and Sunday collections of organic waste will be organised in tourism zones (WMRO_CW2)
Such collections are anticipated to take place on Saturdays and Sundays between 01:00 and 03:00 to dovetail with commercial business hours in tourism zones defined by Legal Notice 295 of 2007. Although the uptake of voluntary measures cannot readily be quantified, it is anticipated that participation will be forthcoming considering the collection service for separate organic waste from commercial establishments will be provided for free at a convenient hour enabling the immediate disposal of such waste.
Provide information and educational material to support waste prevention and separation to commercial outlets (WMRO_CW3)
In order to support the first steps of the transition towards from the new regulatory framework for the commercial sector, the Ministry will be providing information on ways to minimise waste generation, including plastics and food waste, as well as how to correctly separate waste.
These short-term measures are anticipated to lead to lower volumes of mixed waste (black bag) sent to landfill and hence increase the lifespan of the limited remaining landfill void space which is decreasing at an alarming rate. They will also result in an increase in the volume of organic waste which is separately collected for treatment in the upgraded Sant’Antnin facility from which clean energy is generated. The free Saturday and Sunday collection of organic waste from commercial establishments would also serve as an exercise upon which real data sets can be collected. These will enable the ground-truthing of approximated data in terms of waste generated by the commercial sector upon which operational models can be refined to reflect the true cost of waste management.
Phase 2: Ensure the mandatory separation of organic and recyclable waste from all households and commercial outlets
Following the measures to facilitate voluntary separation of organic waste for collection, a series of medium- term measures are being proposed to ensure the separation of organic and recyclable waste from commercial establishments. This should come into force in 2022, and it should also run in parallel with a number of actions listed in the long-term including the registration processes.
Mandatory separation of organic and recyclable waste from all households and commercial outlets (WMRO_CW4)
Regulations will be introduced mandating all households and commercial waste owners and operators to segregate their waste at source. Failure to separate organic waste at source will be considered an offence. This will be coupled by heightening the enforcement capacity to reinforce the strength of the measure. It is not envisaged that this measure will place significant financial burden on the businesses, with the main cost at this stage occurring in the form of waste bags – a cost which at present they already incur, alongside the time to train staff on correct separation. The information provided under Measure (WMRO_ CW3) which will support establishments in waste prevention initiatives, has the potential to lower waste generation and associated costs.
Continued free Saturday and Sunday collection of organic waste (WMRO_CW2)
Such collections of organic waste are anticipated to take place on Saturdays and Sundays between 01:00 and 03:00 from tourism areas as defined for the purposes of Legal Notice 295 of 2007. This service will be provided throughout 2022 or until dedicated smart waste bins are installed for such purposes.
Provide information and educational material to support waste prevention and separation to commercial outlets (WMRO_CW3). In partnership with industry and business representatives, the Ministry will develop and distribute educational material to inform commercial establishments of the new requirements, as well as formal guidance on how to correctly separate waste steams for recycling.
Phase three: Introduce a Pay-As-You-Throw system
The pay as you throw (PAYT) system will be implemented to incentivise the prevention, and correct separation, of waste from commercial establishments as of 2023. PAYT is considered to be the building block of an efficient and effective operational model, flexible enough to cater for the diverse needs of the commercial sector, without impinging on the quality or cost of services provided to residents.
The PAYT system will enable commercial establishments to join the national effort to divert as much waste as possible away from landfill, whilst maximising the intrinsic resource value of waste and contributing to our waste targets. Conscious businesses who embark upon separation at source will bear a lower cost of waste management than those who are more careless.
Refine methods for recovering the full cost of waste management (WMRO_CW5)
In order to maximise existing collection logistics, two systems are proposed, intended to run in parallel and ensure full cost recovery, and which reflects the unit volume and type of waste generated. These two mechanisms are namely:
a) Commercial establishments currently engaging licensed waste carriers for the collection of waste through direct contractual agreements, can retain such model but must guarantee the separate collection of waste fractions;
b) Consolidating the waste collection service offered by local Government against an administrative fee.
Phase three continued: Reform the existing system of different waste bags particularly the black bag
Design new organic and residual waste bags to an approved standard and impose an eco-tax equivalent to cover the collection and treatment costs of its contents. Such waste bags would be see-through to enable swifter enforcement action based on the mandatory waste separation provisions. Subsequently, the system of black bags available at retail outlets without pre-payment features would be discontinued. This would require the amendment of the Eco-contribution Act.
Discontinue existing waste bags and introduce standardised waste bags (WMRO_CW6)
The black bags are currently purchased at any retail outlet. The price of these bags is based solely on the cost of its production, importation and an excise duty, and does not feature any pre-payment for its collection or disposal. It is being proposed to discontinue this system and introduce a pre-payment feature based on the volume of the waste bag and the type of waste it should contain. For the purpose of the new model of waste segregation for collection, new organic and residual waste bags will be designed to an approved standard, with the intention of distinguishing them from existing bags.
Amendments to the Eco-Contribution Act (WMRO_CW7)
A pre-paid service charge will characterise the cost of the different bags which is intended to cover the collection and treatment costs of each waste stream. The inclusion of a service charge on waste bags shall implement the PAYT principle through unit-based pricing. Rates for residual and organic waste will be differentiated to incentivise the minimisation of waste and the separation of waste generated thereby having a realistic chance to meet Malta’s waste management targets.
Provide a set amount of waste bags of residual and organic waste free of charge to residents through the ARMS database (WMRO_CW8)
The proposed service charge would be applicable to households. Conscious that this can have a more significant burden on low-income households and in order to respect Government’s choice not to impose waste charges on households, it is being proposed that a set amount of black waste bags for mixed and white waste bags for organic waste is provided for free to complement the current system. The ARMS database classifies buildings according to their current use, thereby permitting the easy identification of residential premises and the number of persons registered therein.
Publication of subsidiary legislation to regulate commercial waste (WMRO_CW9)
The obligations of owners and operators of commercial establishments shall be set in subsidiary legislation to include the mandatory provisions to register their activity, the obligation to separate waste at source, and the exclusive use of waste bags compliant with national standards with a pre-paid fee for its collection and treatment.
Introducing Artificial Intelligence in commercial waste management to enable better tailoring of disposal methods to business hours (WMRO_CW10)
Recognising that households and commercial establishments have different operational hours, it is intended to make the process for commercial establishments to deposit their waste as hassle-free as possible, without impinging upon street cleanliness. To this effect, smart waste depots for residual and organic waste will be set up, such that they may be accessed ‘on demand’ by commercial establishments through the integration of Artificial Intelligence. Local Councils will be responsible to identify sites for the smart waste depots according to the density of commercial outlets.
Lead by example by ensuring that all Government buildings become more waste centric (WMRO_ CW11)
As part of the first phase of this programme, it is also proposed to include all Government buildings in these requirements such that Government may lead by example. This means that waste generated from Government buildings would be subject to the same regulatory regime as that of commercial establishments thus ensuring a level business playing field in this respect.
These initiatives are part of the national effort to divert waste away from landfill, maximise the intrinsic resource value of waste, contribute to Malta’s achievement of EU targets and to support in the transition towards a more resource-efficient and circular economy.
Registration of businesses identifying collection options in the transitory period (WMRO_CW12). In order to comply with the ‘once only’ principle for the request of data, the commercial establishments to be included will be those who are already registered with an entity of Government in terms of another regulatory provision. This would include establishments who handle food and who are already registered with the Public Health Department and for whom automatic registration would be possible. Once the Business Register, being compiled by Business First, is complete, then all establishments under this Register will be brought into the system automatically.
Commercial establishments who already have contractual agreements with waste carriers shall be given the choice to retain this system. However, all other establishments will be obliged to subscribe to the collection organised by the Local Council.
Consultation period ends on the 31st of January.
You may also submit your feedback to the Malta Chamber of SMEs by sending an email to .
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Malta Enterprise invites businesses and self-employed operating from Malta to take a Brexit Impact Check through the newly launched Brexit website: brexit.maltaenterprise.com
The website aims to serve as repository of information for businesses who following the EU-UK Trade and Cooperation Agreement, which had been reached on 24th December 2020, are in the process of understanding the full impact of this new reality on their business.
The structure of the website provides a user-friendly question and answer format, which guides the businesses accordingly. The website also links the users to other government entities such as Customs Department, Malta Competition & Consumer Affairs Authority (MCCAA), Environmental & Resources Authority (ERA), and the Commerce Department, the Medicines Authority, Transport Malta, the Plant Health Directorate and the Information and Data Protection Commissioner website.
The Brexit Impact Check is the result of collaborative exercise among various government entities in order to assist businesses that may be effected in one or more of the following matters: (i) Imports, (ii) Exports, (iii) Services, (iv) Transport, (v) Supply, (vi) Digital Data and Services, and (vii) Intellectual Property Rights.
Businesses are also encouraged to familiarise themselves with the content on other government websites such as that of Customs, MCCAA, the EU Coordination Department (formerly known as EU Secretariat) and the Commerce Department, among others.
The Brexit Impact Check serves as a starting point and will be updated from time to time in order to reflect new details and more in-depth information generated from interactions with local and international authorities; as well as feedback and interactions with clients in relation to more specific cases.
Businesses are encouraged to submit their questions and suggestions on .
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Thank you for your interest in volunteering for research
From time to time we receive various request from students/ stakeholders requesting to disseminate questionnaires,It would be greatly appreciated if you could spend a few minutes to fill out the following questionnaire/s.
Christine Teuma – Student
Christine Teuma is currently reading for a Masters in Blockchain and DLTs at the University of Malta. As part of her studies, and under the supervision of Dr. Ian Cassar, she is undertaking research leading to the submission of a dissertation currently entitled: An analysis on the challenges encountered by European SMEs, in relation to lending and investing, and the prospect of a P2P blockchain platform, whereby she is anticipating to analyse whether stakeholders will be willing to participate on blockchain-based P2P platforms for microfinance services. Accordingly, she will be conducting interviews with the market players to gather their perception on the subject as part of my data collection.
Kindly note that participation is voluntary, and candidate’s identity and position within the entities will be subject to the candidate’s consent. Refusal to participate, or withdrawal from all or part of the research, shall carry no penalty or loss of benefit to which the interviewees are otherwise entitled. In the event that the interviewee withdraws from the study, all records and information pertaining to the participants will be destroyed. Furthermore, the responses gathered will be solely used for the purpose of the dissertation and will be deleted within a year of submission of the dissertation.
The data collection will be divided into three main sections. Firstly, the candidate is expected to read through a short Business Plan and fill a Competitor Analysis table. Secondly, the interview questions will be asked during a face to face virtual meeting. Lastly, following the interview, the candidate will be asked whether he/she wishes to revise the Competitor Analysis table.
If interested, it would be greatly appreciated if you could send an email to . Further documentations and information respective to the topic will be sent to the participants.
Luigi Grech -Student
Luigi Grech is a student at the University of Malta reading for a Master in Accountancy. He is currently conducting research for his dissertation relating to financing for SMEs, and the Malta Development Bank (MDB) & Crowdfunding as alternative sources of finance for local SMEs.
As part of his research he’s carrying out a survey aimed towards local SMEs. It is highly appreciated if you would take a few minutes of your time to fill in this survey.
eSkills Malta Foundation – The survey is targeted to ICT companies and companies which has an IT department or unit.
As clearly shown by the recent pandemic, the digital enablement of services for organisations in the private and public sector requires access to the human capital resources both within the organisations, but also through their suppliers and partners.
ESkills Malta Foundation has engaged Ernst & Young Ltd., to carry out the study including the execution of the survey, interviews with selected parties and the analysis of the results.
The data will be analysed and results published only in anonymised and aggregated form.
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Each SME can be reimbursed up to a maximum of EUR 1 500
Innovation play a key role in the EU SMEs’ businesses, and intellectual property rights are a vital tool in promoting this innovation.
The European Commission in collaboration with the European Union Intellectual Property Office (EUIPO) are organising a significant number of initiatives for SMEs within the context of a fully-fledged and structured strategic programme. Through its SME programme, the EUIPO addresses the need to make IP services more accessible for smallet businesses, and to encourage SMEs to increase their competitiveness through better use and protection of intellectual property rights.
The European Commission has proposed that the EUIPO financially supports and implements an action, the “SME Fund”, within the pos-Covid-19 recovery action plan for EU SMEs’.
The objective of this action is to financially support those EU SMEs that wish to protect their Trademarks and Designs by using part of the EUIPO’s financial reserves. The action is limited in time (over the year 2021) and has been established through the awarding of grants to SMEs in accordance with a pre-defined set of principles and criteria.
SMEs are being offered 50% reimbursement of the application fee incurred when applying for trademark or design protection at any of the national IP offices of the EU.
There is no limit to the number of trademarks and/or designs application that the SME can apply for. However, the SME will be reimbursed 50% of the basic application fees up to a maximum of €1,500.
What to do:
Apply for the grant at the EUIPO and wait for the grant decision – Click to apply online
Apply for trademark or design registration within 30 days of receiving the grant decision
After paying for the application, submit a request for payment before 31st December 2021 using the link included in the grant decision.
Should you have any questions about the SME fund you may also contact the EUIPO directly by email at or by phone on +34 965 139 100 or get in touch with our EU Affairs Executive, Fabian Demicoli by sending an email to fabian.demicoli@smechamber.mt.
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A number of recommendations put forward by Malta Chamber of SMEs have been upheld and taken on-board
The Malta Financial Services Authority have recently published a consultation document on the Updated CSP rules and rulebook. Tha SME Chamber has once again kickstarted a consultation process amongst CSP operators and sole pretensioners who offer the service of a CSP. The CSP committee has also met on this topic in order to discuss into more details the provisions and changes proposed.
The SME Chamber positively notes that the rulebook published addresses a number of concerns raised in earlier feedback by the SME Chamber. Moreover, a number of recommendations put forward by Malta Chamber of SMEs have been upheld and taken on-board.
Of the main changes it is important to note;
The creation of new classes which enable natural persons whose main revenue is not generated from CSP services to operate within limited thresholds, MFS proposed a Class A under threshold and a Class B under-threshold.
MFSA ‘may’ consider allowing a CSP to establish and maintain a risk management function which does not operate independently provided that; a) this does not give rise to conflicts of interest; and b) the CSP demonstrates to the Authority that the establishment and maintenance of a dedicated independent risk management function with sole responsibility for the risk management function is not appropriate and proportionate in view of the nature, scale and complexity of its business and the nature and range ofthe CSP services and activities undertaken in the course of that business
Trusts and Trustees are now being exempted from seeking authorisation.
MLROs will now require to possess both relevant qualifications and experience in AML/CFT
The SME Chamber proposed the below in order to ensure the smooth transition and also ensure that the principle of proportionality is being taken into consideration;
The creation of under-threshold Class C is created in order to ensure that the principle of proportionality is being observed. By way of eligibility, the SME Chamber is proposed that; (i). CSP Services offered are this within the CSP Act as listed under Article 2 (1) (ii). Refers to individuals in possession of a warrant, or equivalent, to carry out the profession of advocate, notary public, legal procurator or certified public accountant whose revenue from corporate services forms, or is forecast to form, in the upcoming year, not more than: (a). 35% of the combined total revenue from the provision of all professional services; or (b). EUR100,000, whichever is the higher. (iii) Aggregate of not more than five (5) involvements for acting as acting as director or company secretary of a company, a partner in a partnership or in a similar position in relation to other legal entities.
Since MLROs currently practice no qualifications in AML/CFT are required for persons sitting as MLROs. Having said that normally MLROs would have years of experience working in AML/CFT. In order to address this gap and provide a transitionary mechanism, the SME Chamber is proposing that for the first 2 years of implementation, the Authority will accept MLROs with only relevant work experience as long as the particular MLRO undertakes a course which would lead up to a qualification during the first 24 months from authorization.
A director that besides being a member of the board of directors, is employed with the company as executive director and performs other services, for example being a CEO, CFO, etc. In this case this exemption will apply whether the person is employed on full-time or part-time basis while also sitting as a director should also be exempted from seeking authorisation.
The SME Chamber proposes that prior to imposing mandatory PII on the industry and/or increased required minimum limits of indemnity, the Authority carries out market research to ensure that there is suitable coverage available from the insurance industry.
The position paper submitted to MFSA can be viewed here. The SME Chamber, together with the CSP committee will also be holding a meeting with MFSA to explain the main concerns.
Members who would like to submit additional feedback are to get in touch with Andrew Aquilina by sending an email to
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Foundation aimed at upskilling transport employees
The Transport Foundation board, of which the Malta Chamber of SMEs is a co-founder, met for the first time to discuss the prospective plans for the transport sector.
This foundation will be improving the skills of current and future employees of this sector, will be gradually, but steadily, building a portfolio of initiatives that reflect the impact of new technologies in the field, and will be working with various stakeholders in order to be an important source which discloses information about new technologies to the general public.
With this foundation all aspects of the transport sector will be discussed and addressed including subjects such as the help required for people with mobility challenges in order to have an easier and smoother experience.
One of the foundation’s aims is to partner and engage with international stakeholders in order to build a strong relationship and create a dynamic network where research and innovation are key practices which will ultimately lead to more positive results and improvements in the transport sector.
Malta Chamber of SMEs President Mr Paul Abela participated on behalf the SME Chamber. This first board meeting was also addressed by the Minister for Transport, Infrastructure and Capital Projects Ian Borg.
Minister Ian Borg congratulated each one of the members and delivered a message in favour of proactivity and unity in order to reach the success that the transport sector deserves.
“The transport sector has been and still remains a major pillar of contribution to our economy. Despite the challenges brought by the pandemic, it was this sector, among others, that helped keep our economic wheel turning and our country operating normally. These meetings will be essential in order to offer viability, sustainability and safety to the transport sector. This foundation will be instrumental in building that sense of intermodality in the people. It is a priority for this Government to reach its vision in terms of transport both on the basis of objectives scheduled for 2030 and the 2050 strategies for the adoption of greener and cleaner modes of transport and I believe that these meetings will be another step that will lead to this, ”said Minister Ian Borg.
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