AGP Executive Report
Last update: 2 hours agoEnergy Investment: Budget 2027 allocates more than €370 million to the energy and environment ministry, alongside €400 million in energy subsidies. Plans include grid upgrades, a second interconnector, battery storage and renewables. Melita has also invested €2.56 million in a solar farm in Mqabba, exporting all its power to the grid. Ports & Logistics: Adani Ports’ €2.56 billion acquisition of Evos will bring eight European liquid-storage terminals under its ownership, including one in Malta. Kuehne+Nagel appointed Miguel Germano to lead Spain, Portugal and Malta. Manufacturing: A mattress made at Ħandaq using foam developed with the University of Malta is attracting interest abroad, with exports to Italy and Denmark expected. Workforce: Maltese enforcement agencies received training on worker mobility and temporary work, aiming to protect workers’ rights and ensure fair competition. Tourism & Waste: European tourist arrivals rose 3% over summer, but higher energy costs may weigh on demand. WasteServ’s EU-lowest waste claim excludes major mineral waste; Malta’s municipal waste per person was above the EU average.
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