Overpopulation has become a top concern for small and medium-sized enterprises (SMEs) in Malta, as highlighted by the latest survey from the Malta Chamber of Small and Medium-Sized Enterprises. Business owners across various sectors voiced frustrations over the impact of Malta’s growing population on daily operations, infrastructure, and quality of life, with many calling for more sustainable urban planning.
Beyond overpopulation, the most critical issue flagged by SME owners in 2024 was a severe shortage of employees. The strained labor market is impacting daily operations and pushing up competition for talent, with businesses struggling to fill crucial roles amid Malta’s demographic changes. This workforce gap is compounded by the infrastructure stress caused by overpopulation, adding to business owners’ concerns about the island’s long-term viability as a business hub.
For SMEs, overpopulation directly affects traffic congestion, disrupting employee commutes and customer access. Some businesses report that delays in transit impact both productivity and customer satisfaction. Increased demand for housing and commercial space is also driving rental prices higher, stretching already tight budgets as inflation and operational costs rise.
Malta’s SMEs are urging policymakers to address these issues through infrastructure upgrades, sustainable development plans, and strategies to attract skilled labor. Addressing these challenges, they argue, will be vital to sustaining Malta’s economic stability and quality of life.
#MaltaDaily