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Private investment injects trust into the economy and generates employment – Jason Azzopardi
“Private investment in the ship repair and maintenance industry injects trust and enthusiasm into the economy, leading to growth and prosperity,” says Parliamentary Secretary for Revenues and Land Jason Azzopardi.
He was speaking during an inspection tour of special boat repair equipment purchased by A&J Baldacchino Boatyard – representing a considerable investment in the company Birzebbuga boatyard.
”This augurs well for the small businesses sector, and for generation of employment in the country.”
Azzopardi said this €230,000 investment was undertaken last year, a year that was not “an easy one for anyone”.
Despite this, he said, “this company was able to read market trends and invest in its operations, ultimately leading to the growth of the sector along with increased employment.”
Azzopardi praised the “enthusiasm and experience” that the company showed, that through investment, was able to lease to increased employment.
