The goal was to find the perfect location for a movie. The location had to meet the economic criteria requested by the production company and be profitable for all involved. It was an in depth research project for a movie shoot location that was done in a team setting. This project is one that I am very proud of and here is what Professor Cox had to say about the project, "Team, you did an OUTSTANDING job on this assignment on Malta. You are the first group to select this country, so I learned a lot. Putting the Maltese National Anthem in there was very creative (and also a first!). I especially liked your Why Malta slides and found the population demographics to be especially interesting. I am going to use this for future classes as an example of excellent student work. Thank you for your extra efforts".
3. Geography
93km (58Miles) South of Sicily, Italy
300km (186) miles northeast of northmost
African coast (Tunisa)
European Union's smallest member state
Consists of 3 islands, Gozo, Comino and
Malta, where the capital city Valletta is
located
4. Climate
All four seasons are similar in temperature
Average of 21.8" Rain per year (1.8" per month)
Peak beach season can last until mid to late October
5. Government
Current President:
George Vella
(Elected April 2019)
Current Prime
Minister:
Joseph Muscat
(Since 2013)
Malta gained independence
from the UK September 1964
Parliamentary Government
Mixed legal system of English
common law based on the
Roman and Napoleonic civil
codes
Maltese National Anthem
6. Currency
Malta joined the European
Union May 1, 2004
The Euro was adopted as
Maltese currency January 1,
2008
Prior to the Euro they used
the Maltese Lira
7. GDP TREND
The GDP expanded 1.30% in the second quarter of 2019 over the previous quarter
2018 GDP 14.54 billion US dollars
GDP Value represents 0.02% of world economy
GDP averaged 4.37 billion US dollars from 1970 to 2018
1970 GDP was a record low of 0.25 bullion US dollars
8. GDP PER CAPITA
2018 GDP per capita was $28,385.10 USD
GDP per capita represents 225% of world economy
GDP per capita averaged $14,514.72 USD from 1970 to 2018
1970 GDP per capita was a record low of $3,742.81 US dollars
9. DistributionofWealth
While the top 1% accounts for an average
wealth of € 400,000, the middle 40% (middle
class) has an average roughly €35,000 to the
top 10$ line at €100,000. The lowest average
income (Bottom 50%) is around €20,000
10. Enemies
Malta demonstrates a foreign policy of neutrality and
actively pursues peace and security for its allies
Member of NATO, WHO, and EAPC
Malta is also a member of PfP (Partnership for Peace)
They have bilateral relations with 108 different
countries within The Americas, Africa, Asia, Oceana,
and the EU.
No official enemies
11. LaborForce
Tourism, real estate, manufacturing and fishing are large parts of the current labor force
Labor Force participation rate increased to 61.40% in the second quarter of 2019
Labor Force participation rate was at a record low of 48.40% in the fourth quarter of 2006
12. InflationRate
1.9% increase in 2019
Modest increase projected
through 2024
Costs will remain somewhat
stagnant for the foreseeable
future
13. Infrastructure
For approximately $84 USD you can supply
your home with electricity, heat, water and
gas for a month.
There are four internet service providers.
$400 million USD has been spent to improve
roads and to develop cargo terminals.
Public bus service, scooters, motorbikes and
bicycles are quite popular modes of
transportation as well as taxis, ferries and
rental cars.
15. MainImports
Refined Petroleum ($4.14B)
Passenger and Cargo Ships ($1.52B)
Recreational Boats ($593M)
Crude Petroleum ($344M)
Plane, Helicopters, and other Spacecraft
($327M)
16. Population
Demographics
Estimated population in 2019 – 440,720
Native Maltese are 95% of population
Viewed as a retirement destination by the British,
which account for 1.6% of Maltese population
Multilingual – 88% Speak English, 66% speak Italian
State religion of Catholicism practiced by 98% of
population
World Ranking – Human Freedom – 19th, Personal
Freedom – 20th, Economic Freedom – 17th
17. TravelCosts
VERY ECONOMICAL FOR A RESORT
DESTINATION
Average Daily Cost Per Person Per Day €167
Typical Double Occupancy Room €97
Meals for one day €22
Intercity transportation €14
18. Constructionbeginson
landmarkdevelopmentin
Malta’sCentralBusiness
District
The 30 million Euro project is described as “A Global Business Centre
in a Mediterranean setting” Malta Independent (2019, September 26)
Avenue 77 will provide employees and the local community access to
restaurants, cafés, a gym, and childcare facilities
It is designed to inspire employees and provide a better work-life
balance
Founding partner of Paradocs René Beltjens
20. WhyMalta?
Malta offers a 25% rebate for film
makers and an added 2% if they
include the culture or location in the
projects. Source: Variety (2018)
21. WhyMalta? With its ancient history and
beautiful locations, Malta has
made its shores the home of
some of Hollywood's biggest
blockbusters
22. WhyMalta?
Stable Economy
Economical Travel Costs vs. other
comparable locations
Proximity to Milan and Rome
Picturesque beaches
23. References
20 Maltese Lira banknote - Exchange yours for cash today. (n.d.). Retrieved September 18, 2019,
from https://www.leftovercurrency.com/exchange/maltese-lira/obsolete-maltese-lira-banknotes/20-
maltese-lira-banknote/.
2018, 10th A. (n.d.). Service Jobs Make Up 81 Per Cent Of Employment In Malta. Retrieved
September 19, 2019, from https://www.maltachamber.org.mt/en/service-jobs-make-up-81-per-cent-
of-employment-in-malta.
bestdestination. (2013, May 30). Discover Malta Tourism. Retrieved from
https://www.youtube.com/watch?v=DWthKPicJpg
Bilateral relations. (n.d.). Retrieved from https://www.orderofmalta.int/diplomatic-
activities/bilateral-relations/
Budget Your Trip. (2019, March 11). Malta Travel Costs & Prices - Malta Island, Comino & Gozo.
Retrieved from
https://www.budgetyourtrip.com/budgetreportadv.php?geonameid=&countrysearch=&country_cod
e=MT&categoryid=0&budgettype=2&triptype=0&startdate=&enddate=&travelerno=0
Cash Rebate Turns Island Nation of Malta Into Major Filming Destination. (2018, June 8).
Retrieved from https://variety.com/2018/artisans/production/malta-production-incentives-2-
1202832239/ (19)
Central Business District attracting formidable investment in line with ambitions for the area.
(2019, September 26). Retrieved from https://www.independent.com.mt/articles/2019-09-
26/business-news/Central-Business-District-attracting-formidable-investment-in-line-with-
ambitions-for-the-area-6736213897.
Climate. (n.d.). Retrieved September 19, 2019, from https://www.visitmalta.com/en/climate.
Construction begins on landmark development in Malta's Central Business District. (n.d.).
Retrieved from https://timesofmalta.com/articles/view/construction-begins-on-landmark-
development-in-maltas-central-business.738247.
Elected Officials. (2019). Retrieved September 22, 2019, from https://www.bbc.com/news/world-
europe-17597837
Getting Around. (n.d.). Retrieved September 19, 2019, from https://www.visitmalta.com/en/getting-
around.
24. References
Government Data. (2019). Retrieved from
https://www.gov.mt/en/Government/Government%20of%20Malta/Synopsis/pages/governance-synopsis.aspx
Green, M. (2018, April 19). Crypto-Friendly Malta Lures a New Blockchain Company. Retrieved September 18, 2n.d., from
https://www.coinwire.com/crypto-friendly-malta-lures-a-new-blockchain-company.
Malta Country Profile. (2019). Retrieved from https://oec.world/en/profile/country/mlt/
Malta Infrastructure data. (2019).
Retrieved from
https://www.nationsencyclopedia.com/economies/Europe/MaltaINFRASTRUCTURE-POWER-AND-COMMUNICATIONS.html
Malta GDP. (n.d.). Retrieved September 19, 2019, from https://tradingeconomics.com/malta/gdp.
Malta GDP Growth Rate. (n.d.). Retrieved September 19, 2019, from https://tradingeconomics.com/malta/gdp-growth.
Malta GDP per capita. (n.d.). Retrieved September 19, 2019, from https://tradingeconomics.com/malta/gdp-per-capita.
Malta Labor Force Participation Rate. (n.d.).
Retrieved September 19, 2019, from https://tradingeconomics.com/malta/labor-force-participation-rate.
Malta Population 2019. (0AD). Retrieved from http://worldpopulationreview.com/countries/malta-population/
Malta Currency (n.d.). What is the currency used in Malta and foreign currency exchange.
Retrieved September 18, 2019, from https://www.maltauncovered.com/malta-island/currency-euro/.
Mitev, G. (n.d.). Geography of Malta and Gozo: Location, Landscape & Coastline.
Retrieved September 12, 2019, from http://www.malta.com/en/about-malta/geography.
Mitev, G. (n.d.). Economy of Malta: Development and Entry to the European Union.
Retrieved September 18, 2019, from http://www.malta.com/en/about-malta/economy
https://tradingeconomics.com/malta/labor-force-participation-rate.
Nato. (n.d.). Relations with Malta. Retrieved from https://www.nato.int/cps/en/natohq/topics_52108.htm
Omar_Agius. (2015, March 11). Movies Filmed in Malta. Retrieved from https://www.imdb.com/list/ls076396927/
PreeoSoftware. (n.d.). Utilities. Retrieved September 19, 2019, from https://www.workinginmalta.com/topics/28/Utilities.
Type Of Fishing In Malta. (2018, August 16).
Retrieved September 19, 2019, from https://malta.intercontinental.com/2018/08/16/fishing-in-malta/.
Where is Malta the country located on the map of the world? (n.d.).
Retrieved from https://www.maltauncovered.com/malta-island/where-is-country-located-map/
Editor's Notes
Malta’s climate is typical of the Mediterranean and is strongly influenced by the sea. The Maltese Islands have a pleasantly sunny climate with a daily average of around 12 hours sunshine in the summer and 5 to 6 hours mid—winter. Summer is hot, dry and very sunny. Spring and Autumn are cooler except when the occasional Scirocco wind from Africa brings unseasonably high temperatures and humidity. Winters are mild with occasional short cold spells brought about by north and northeasterly winds from central Europe.
GDP Growth Rate in Malta averaged .94% from 2000 to 2019, reaching an all time high of 4.40% in the first quarter of 2002 and a record low of -3 percent in the first quarter of 2009.
GDP per capita in Malta is expected to be $29,660.00 USD buy the end of this quarter, according to Trading Economics global macro models and analysts expectations. The GDP per capita is projected to be around $35,000.00 USD in 2020.
Total Population ranks 174th in the world, spread over 122 square miles, population density ranks 7th in the world at 1,562 per square kilomoeter
Average flight costs from most major European cities approx. $120 USD or less
Average flight cost from New York to Valetta approx. $600 USD
An island rich in history, but with modern amenities that attract tourists and businesses from all over the world. Seen as both a resort destination by tourists, and a retirement destination by many in the UK