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Up To €8,000 When Buying Electric Cars

Oct 28 2024 Share

Starting next year, the government will expand its electric vehicle purchase scheme, providing grants of up to €8,000 for new electric cars and vans, and €2,000 for electric motorcycles.

While certain conditions will apply, this initiative is designed to promote greener transportation options.

In addition, a €1,000 incentive will be offered for scrapping old vehicles, with an additional €1,000 available for vehicles registered in Gozo.

Funded by the European Recovery and Resilience Fund, this program highlights Malta’s commitment to sustainable transport.

Furthermore, for those who order a new electric vehicle by October 28, 2024, but register it in 2025, the government will maintain the current grant amount of €11,000.

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Increase In Number Of Busses And Routes To Improve Public Transport

Oct 28 2024 Share

The Maltese government is intensifying its commitment to public transport with ambitious plans to expand routes and increase the number of vehicles in 2025.

This initiative is designed to improve accessibility and efficiency, making public transport an even more appealing choice for residents.

Since October 2022, all Maltese residents have benefited from free public transport, a decision that has significantly increased usage and alleviated congestion.

In addition to enhancing public transport routes and adding more vehicles, the government is also investing in fast ferry services to promote maritime transport and further reduce road congestion.

Preparatory work is already in progress for an underground parking facility near ferry terminals, aimed at streamlining access and enhancing the overall transportation experience for both commuters and visitors.

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Gaming Industry’s Growing Impact And New Initiatives

Oct 28 2024 Share

The government has revealed their intentions to expand into new areas relating to gaming such as immersive tech, esports and video gaming.

The gaming industry is one of the biggest in Malta, contributing 7% of GDP and employing over 16,000 people by the end of 2023.

Key initiatives set to be introduced, include the Video Gaming Gateway, which provides financial backing for innovation, and Basecamp, a platform supporting start-ups in video game and esports development.

In addition, Gaming Malta is offering training to 400 students, while a new esports visa, set to launch in early 2025, aims to attract international talent. Teams like Furia and Talon have already chosen Malta as their European base, enhancing its reputation as a gaming hub.

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Malta’s National Motorsport Centre Project To Progress

Malta's National Motorsport Centre Project To Progress
Oct 28 2024 Share

The Maltese government has announced significant progress on the National Motorsport Center, working in partnership with the Malta Motorsport Federation.

In a new development, the government will transfer all land titles for the motorsport track to the Federation this year.

As part of the initiative, the first structural phase of the National Motorsport Center is set to commence in 2025.

This phase will lay the groundwork for a dedicated motorsport facility designed to meet international standards, fostering a safe and professional environment for racing enthusiasts and competitors alike.

#MaltaDaily