PN Unveils Plans for New Economic Sectors Focused on Data, AI, New Space and Creative Economy

PN Unveils Plans for New Economic Sectors Focused on Data, AI, New Space and Creative Economy
Local

During a press conference held on the 6th of May 2026, PN Leader Alex Borg presented a series of proposals focused on developing new, high-value economic sectors as part of the party’s electoral programme.

The Nationalist Party outlined plans to invest €12 million during its first legislature in the fields of Data, Artificial Intelligence (AI), and New Space. According to the party, this investment is expected to generate around €100 million for the Maltese economy.

The proposals also include a major focus on the creative economy, with a €350 million investment earmarked for PORT, a proposed cultural district in Marsa featuring an expo centre. The PN stated that this initiative is projected to generate approximately €110 million annually.

Alex Borg said these initiatives form part of a broader strategy aimed at building a modern, knowledge-based economy. He described the proposals as a shift towards “new economic niches” that would reduce reliance on traditional sectors while increasing national competitiveness.

The party argued that such investments would lead to higher-value job creation, increased national revenue, and reduced financial pressure on families.

The PN said its vision is to position Malta in emerging global industries, particularly in technology-driven fields such as AI and space-related innovation, alongside cultural and creative industries.

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