Malta's attractiveness for foreign investors declines: EY survey

VALLETTA, Oct. 23 (Xinhua) -- Malta's overall attractiveness for foreign direct investment (FDI) is on the decline, according to a survey report published by consulting firm Ernst and Young (EY) on Tuesday.

The annual report shows that 54 percent of surveyed foreign investors in Malta believe that the country is attractive for FDI, a drop of 5 percentage points from a year ago. While this is an improvement from the low of 37 percent recorded in 2021, it remains significantly below the 87 percent rating achieved in 2016.