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Malta Jobs Creation with Aviation Industry Growth

March 11, 2013 Current Affairs No Comments

As Malta becomes one of the hotspots for international investment, many Maltese companies are seeing a major boost to their business. M.C.M Maintenance Centre Malta is one such company that is growing and creating more Malta jobs for locals, with their latest acquisition of a hangar for more aircraft maintenance.

Job Creation

Started in December 2008 M.C.M Maintenance has grown substantially and increased their employment significantly particularly in the operations department. The company specialises in the repair and maintenance and aircraft, specifically in the overhaul of business jets. The company’s recent acquisition of a new hangar is thanks to a 5.5 million Euro investment, which means 40 new Malta jobs. The company operates from the islands but with its international clientele their need for an international law firm means even further job creation. The demand for larger aircraft has led to the need for larger facilities, as the current M.C.M Maintenance facilities cannot reasonably accommodate larger craft. The new hangar will be 2,400 square-metres and is set to be constructed adjacent to the current hangar.

Malta Business Grows with Spain’s Investment Interests

December 13, 2012 Current Affairs No Comments

As one of the fastest growing economies in the world thanks to tourism and international investment, Malta business investments are increasing tenfold. The influx of Spanish tourists over the years, most notably 100 000 in the last year, has lead to a lucrative business relationship between the two countries.

Small Island Big Growth

With so much international interest in Malta companies and investing in businesses it comes as no surprise that the relationship between Malta and Spain is moving into high gear following a visit from Spain’s Ambassador to Malta, Felipe de la Morena Casado, along with thirty Spanish executives, to Malta.

The visit comes on the heels of the Maltese government punting the countries strengths at many international business forums. With a set vision in mind, the Maltese government has identified several sectors which they feel would give Malta business opportunities that it otherwise may not have the strength to build on its own. Everything from renewable energy, financial services, aviation and biotechnology are several sectors amongst the leading Spanish companies who are showing a huge interest in the island.

Malta Aviation Set to Take on the World

December 12, 2012 Current Affairs No Comments

The stunning tourist destination of Malta has become a hub of international investment with many countries eager to get on board and invest in the strong economy of the little country. So it would come as no surprise that Malta aviation is now looking to repeat the success of its land counterparts.

Taking on the World

Malta’s growth has expanded to transport and now it is rated as the seventh most capacious shipping register in the world. With shipping routes extending to every corner of the globe, Malta aviation has now launched a campaign to turn it into one of the most extensive sky services in the world.

As Malta was awarded the George Cross medal by Britain, for its resistance to naval and air raids during World War II, it stands to reason that Malta has the capabilities of owning one of the largest air and land transport infrastructures in the world. This campaign by the Malta Ministry includes a new civil aviation directorate as well as further improved land transport and overall communication between all sectors.

Malta Economy Second Strongest in EU

December 9, 2012 Financial No Comments

It’s a small island that has been moving forward in leaps and bounds to compete with larger European counterparts. The Malta economy has come so far in the last two years that it statistics report it to have the second best economy in Europe. The stats, issued by Eurostat expressly state that the country has performed best amongst the 17 Eurozone member states.

Dynamite Comes in Small Packages

The stunning Mediterranean island is largely known for its magical tourism spots filled with rich history dating back 5 000 years, the Neolithic temples, 300 days of summer, and many street festivals centred around tradition. These have all drawn tourists to Malta like moths to a flame. However, just when it was thought the island had discovered it’s draw card of economic growth, the government went onto the international platform and marketed everything from Malta gaming, Skyparks, family businesses and the film location prospects, amongst many others, as the ultimate Malta economy investment opportunity – the results of which speak for themselves.

Malta Arts Fund Initiates Maltese Book Translations

November 15, 2012 News No Comments

A new initiative by the Malta Arts Fund is set to give Maltese authors the opportunity have their books and work translated into any language of their choice. Launched on November 15, 2012, the Art Fund aims to provide local authors with the opportunity for international launching of their works.

Spreading the Word

Hot on the economic drive, Malta is becoming extremely popular with international investors, company formation in Malta, and several local businesses which are all benefiting from the global interest in the Mediterranean island. With the influx of investment and the growth of local business the Malta Arts felt it was time for the world to know what Malta offers in the way of written works.

Largest Container Ship in the World Docking at Malta in December

November 15, 2012 News No Comments

The world’s largest container ship began its maiden voyage from Ningbo Port in China, on November 4th, 2012. The Marco Polo set sail for open waters with an itinerary that looks like a ‘Round the world in 80 days’ trip.

Where to From Ningbo?

Flying the British flag, the largest container ship in the world will call at several ports en route to Malta. Stopping at Ningbo Shanghai, Hong Kong, Southampton, Hamburg, Rotterdam, Zeebrugge and Malta, with a several stops in between and after, the ship will be unloading and reloading containers for import and export.

The 16 000 tonne vessel, which is owned by CMA CGM, was constructed by Daewoo Shipbuilding and Marine Engineering in South Korea. Clearly wanting to make a mark on the shipping industry, Daewoo set out to design and manufacture the largest container ship in the world that, by comparison, would dwarf all others. The vessel boasts impressive dimensions. 365 Meters long, 54 meters wide and a draft of 16 meters, some ports may look to have some trouble fitting this baby into their harbours.

Malta’s Corporate Village is New Business Hub

October 2, 2012 News No Comments

With the recent advertising of Malta taking place at high profile conference centres across several business cities in the world, the newly planned Corporate Village in Malta will further attract investment and give international companies opportunities to take advantage of the burgeoning tourist trade and investments in Maltese businesses.

Corporate Village

The plan is for the village to be a leading statement in sustainability and to capture the aspirations of the nation. The massive Corporate Village footprint is planned to host up to 130,000 departs and organisations that largely centre around commerce and trade that include legal services for several Malta lawyers firms, brokers and international traders.

The idea is to create a hub for government organisations and business support agencies to assist with the building of Malta. The Corporate Village will be situated in Mriehel which is short distance from many entities extremely important to the function of those hosted in the village. Malta’s International Airport, Valletta’s cruise passenger terminal and the Freeport in Birzebugga are major gateways for the island of Malta and provide easy travelling for businessmen and officials travelling to Malta.

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