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National reform programme 2008-2010 Malta - European Commission

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Conclusion<br />

In conclusion it must be said that <strong>Malta</strong> faces a number of challenges whilst also seeking to<br />

maintain and build on the progress it has achieved in a number of areas. The challenges that<br />

the world is facing in terms of the threats to competitiveness as a result of turbulent economic<br />

conditions has its repercussions on the Maltese Islands. Whilst fostering local manufacturing<br />

industry and moving towards an increased range of service provision, one cannot ignore the<br />

pressures that are being exerted on such sectors cannot be ignored. We need to respond<br />

and to do so in such a way that maintains, and improves, <strong>Malta</strong>’s attractiveness for foreign<br />

investors.<br />

Our competitiveness is inherently linked to local skills and abilities which in turn characterise<br />

the employability of individuals. <strong>Malta</strong> will ensure that it becomes a centre of excellence in<br />

the educational sector through wholesome investments at all levels – early years, the primary,<br />

secondary, further and higher education sectors. This is not enough however. <strong>Malta</strong> will<br />

foster lifelong learning with a view to strengthening the opportunities of those who may have<br />

fallen behind and to enable them to improve their re-integration prospects into the labour<br />

market. At the same time, there is strong commitment towards constant re-skilling and<br />

retraining with a view towards ensuring that the Maltese workforce will remain in synch with<br />

the developments of the labour market and economic opportunities that present themselves.<br />

<strong>Malta</strong> <strong>National</strong> Reform Programme <strong>2008</strong>-<strong>2010</strong> - 81 -

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