PL Proposes €30 Million Fund To Support Restaurant Investments

A €30 million fund is being proposed to support investment in Malta’s restaurant sector, with eligible independent operators able to access up to €300,000 each.

The aim is to encourage improvements in product quality, customer experience, staff training and the renovation of premises, ensuring that the local food industry remains competitive and continues to develop as a high quality and diverse market.

Alongside this initiative, tourism operators have reported positive results, including during the shoulder season, following previous policy measures.

The next phase of support is intended to focus more directly on raising standards within existing tourist accommodation.

A tax credit scheme will be introduced for establishments that invest in refurbishment, upgraded facilities and enhanced guest experiences, with the intention of improving overall quality across the sector.

In addition, Malta’s position in the Mediterranean cruise industry continues to play an important economic role, with close to one million cruise passengers passing through its ports annually.

Cruises that start or end in Malta contribute more significantly to local economic activity. Continued investment in Grand Harbour infrastructure is planned to support the expansion of home porting operations and to attract a greater number of luxury cruise liners.

Overall, these measures form part of a broader approach aimed at strengthening key sectors of the tourism economy, improving service standards and encouraging further investment in infrastructure and hospitality services across the islands.

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