Why choose Malta for apparel manufacturing?
Malta is a democratic country governed by the rule of law. The country has never experienced any political instability that could scare away foreign investors. Besides, Malta applies EU laws and regulations within its legal system.
Malta offers investors a range of cost advantages including competitive tax rates, lower real estate costs, medium-level salaries and wages, and competitive labor force. These cost advantages ensure manufacturers earn higher returns on their investment.
The Maltese government has implemented a range of measures over the years to ensure sustained economic growth. Even in the wake of the Covid-19 pandemic, the Maltese government has put in place various measures to cushion business and support families.
Malta has nearly all the infrastructure manufacturers need to operate their businesses efficiently.
There are many other factors that make Malta an attractive location for setting up clothing manufacturing companies.