Malta’s Foreign Direct Investment inflows for the first half of 2013 turned marginally positive after having been on a downward trend since 2010, the Finance Ministry said yesterday.

It said FDI in the first half of 2012 had turned negative, decreasing by €130 million.

The positive increase in FDI inflows was mainly the result of an increase in foreign owned equity capital, which increased by €79 million in the first half of 2013. Foreign owned equity capital had fallen significantly in 2011, and turned negative in 2012, the ministry said.

It said the manufacturing sector was the highest contributor towards the turnaround in FDI in 2013 and that the largest contributors to FDI flows in Malta were non-EU countries, which registered an inflow of €136 million in the first half of last year.

Finance Minister Edward Scicluna said this turnaround suggests Malta’s economic stability and growth potential is attracting back investment by foreign investors.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.