Strategic Foresight and ESG: How Maltese SMEs Can Secure a Sustainable Future
21 March 2025
Article by Dr Roberta Lepre - Managing Director WEAVE Consulting The European Commission’s Strategic Foresight...
Press Release: Malta Chamber of SMEs welcomes Malta vision 2050
09 April 2025
The Malta Chamber of SMEs welcomes Malta Vision 2050, which aims to reshape Malta’s future towards a more sustainable economy. The SME Chamber has long advocated for the need for a comprehensive national vision, highlighting this both in various fora and in its Budget proposals. In line with this vision, the SME Chamber urges stakeholders and policymakers to ensure that SMEs are placed at the forefront of this initiative. As primary contributors to the Maltese economy and the backbone of the country, SMEs must be central to the development and implementation of the Vision.
Malta Vision 2050 presents a unique opportunity to create a thriving economy that adapts to the evolving global landscape. In this context, it is essential that the voices, concerns, and ambitions of SMEs are integrated into the framework of this initiative.
SMEs account for over 99% of all enterprises in Malta, while 97.8% employ fewer than 50 employees. Our businesses are not only integral to driving economic activity; they are also vital in creating job opportunities and supporting local communities.
For Malta Vision 2050 to be truly effective, it must prioritize and recognize the needs and contributions of SMEs and the self-employed. The SME Chamber encourages that this initiative be driven by technocrats and industry experts to ensure its effectiveness and relevance.
The Malta Chamber of SMEs identifies several key areas where SMEs can play a vital role within Malta Vision 2050, particularly in the realms of Innovation and Technology, Sustainable Practices, and Skill Development and Training.
The Malta Chamber of SMEs remains committed to working collaboratively with government bodies, industry stakeholders, and the wider community to ensure that Malta Vision 2050 is successfully implemented and adopted.
