PL leader Joseph Muscat pledged that a new Labour government will support investment particularly by enterprises in the ICT sector and other digital sectors so these enterprises will adopt a ‘Born Global’ approach and embrace an international vision rather than one restricted to the local market.

Dr Muscat spoke at the Smart City in Kalkara, this morning at a press conference where he said the PL believes in the project and commits to make it a success by attracting investment from China, India and Singapore whilst providing a ‘near shore’ investment for the rest of Europe.

The Smart City project will remain on the government’s agenda and PL promised to support this investment and will see the project completed with all obligations fulfilled. This will guarantee that the investment made by Malta in this project will result in the creation of new jobs and a better economy.

Dr Muscat mentioned how the current government failed to maintain his promise in creating 7,000 jobs through the creation of Smart City as Minister Austin Gatt had promised. PL feels that the current care taker government should be held accountable by the people for his failures.

The new Labour also wants to reduce the bureaucracy that Maltese investors are faced with when putting forward their ideas for projects to develop. Joseph Muscat admitted that both parties have discriminated against Maltese investors in the past, but promised that this will change under a new Labour where a “level playing-field” will ensure that equal opportunities will be given to everyone. Moreover a higher infrastructure will be conceived which will offer incentives for future investments.