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A Special International Report Prepared by The Washington Times Advertising Department - Published on July 10-14, 2000

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Advertisers

 MFSC - Malta Financial Services Centre

 Malta Development Corporation

 Maltese-American Chamber of Commerce

 Baxter Limited

 Maltacom

 METCO - Malta External Trade Corporation Ltd.

 Malta Drydocks

 Malta Stock Exchange

 University of Malta

 Mifsud Brothers Ltd.

 Mdina Glass

 Air Malta


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A Special International Report Prepared by The Washington Times
Advertising Department
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Writer:
Zena Polin
Marketing Director:
Johane Celestin

This report was made possible in part by the law firm of:
Professor J.M. Ganado & Associates. dot.gif (35 bytes)

For more information, call
The Washington Times International Advertising Department
at (202) 636-3035
(202) 635-0103 fax
e-mail: natlad@wt.infi.net

Copyright © 2000 News World Communications, Inc.


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Why do business in Malta?
...because size doesn’t matter

  • Government actively promoting foreign direct investment
  • Stable, modern parliamentary political system
  • No rigid export controls
  • Most imports do not require import licenses
  • The importation of plant machinery, as well as raw materials, components and accessories for export production is duty-free
  • Eligible companies are granted special tax benefits
  • Training grants for approved programs are offered to employees and management
  • Financial support for research and development
  • A loan finance scheme of up to 33 percent of capital expenditure with an interest rate of 3 percent over seven to 10 years is accessible
  • More than 30 percent of all maritime traffic in the world passes through the Mediterranean
  • Companies may be 100 percent foreign-owned
  • A liberal work permit policy is applicable to industry
  • The most modern telecommunications infrastructure in the region
  • Working to become a financial hub
  • On the fast track for European Union membership
  • Only English-speaking country in Europe (besides the United Kingdom and Ireland)
  • The legal system is based on the British system
  • Laws are written in English
  • Businesspeople are sophisticated and ethical
  • The springboard for a market of 400 million people in Europe, North Africa and Middle East
  • Growing trade with the United States
  • Undergoing privatization in most major sectors
  • Many opportunities in a variety of industries
  • No major foreign exchange controls (those remaining expected to end)
  • A high standard of living at a comparatively low cost
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Table of Contents

Building bridges and embracing the future

American ambassador promotes business-to-business trade

Location, language, labor force foster pro-business environment

Malta ... an island of living history

Conquering environmental challenges through education

From fortress economy to open market, foreign companies have made Malta their home

Why do business in Malta?

International financial services center emerges in Mediterranean

Telecommunications industry welcomes privatization and liberalization

Malta, in their own words ...

Metco: your strategic partner in the Mediterranean

Opportunities for foreign investment

A history of ship repair through the ages

Useful Contacts

Education is the key to the future

Facts at a glance

Getting to Malta just got easier

How to get there

The eye of Osiris

Business leaders speak out on European membership, modernization & privatization

Valletta - "A city built by gentlemen, for gentlemen."

Mdina - The "Silent City" talks to those who take the time to uncover its secrets

TOURISM
Cruising the Mediterranean

Eating and drinking

Rest and relaxation

The arts and crafts of Malta

Day tripping

Festivals

Motoring around Malta

The Emblem and National Flag of Malta