The Gozo Business Chamber said in a statement this morning that it welcomes the news about the signing of the agreement announced [1] by the Government yesterday, for direct investment from China which will help Enemalta in its operations.
The GBC added that the possibility of having solar panels manufactured in Malta is another positive sign, as it will help to create more jobs in Malta and Gozo.
The agreement which is expected to be finalised in six months’ time includes the setting up of a joint venture company in Malta specialising in the manufacture of photovoltaic panels with the objective to enter the EU market.
The Chinese company in return will be able to service its plants in Europe by calling upon the expertise of Enemalta employees.