Attract operations that are completely automated, that is, nearly employee free. I would provide industrial space and a 5 year tax holiday followed by flat 5% yearly income tax thereon. The companies would need to commit to paying NI calculated on the hourly minimum wage rate on pre-determined production units, employ a ratio of 2 Maltese to every 1 foreigner as support/ maintenance and to cooperate with UOM and MCAST in terms of knowledge sharing.
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