Mystery surrounds major Brazilian company operating from Malta
No name for Brazilian company ‘coordinating major construction projects in North Africa’ from Malta.
Additional reporting by Nestor Laiviera
No name has been given to the Brazilian company that has allegedly relocated its headquarters to Malta and was leading its operations in North Africa from the island.
During the Xarabank debate yesterday evening, Opposition leader Joseph Muscat said that despite talks of a Brazilian aviation company that was meant to set up shop in Malta, this investment never took place.
"During our last debate he [Gonzi] said that a Brazilian company was coming to Malta to work on airplanes," Muscat said.
But Prime Minister Lawrence Gonzi retorted that the Brazilian company had relocated its headquarters from Brazil to Malta.
"The company, active in the Libyan market, is operating from Malta," Gonzi replied. He however failed to either name the company or specify in which sector it was operating, leading the audience to believe that the Brazilian firm was in fact operating in the aviation sector.
Contacted by MaltaToday, the Finance Ministry confirmed that a Brazilian firm had relocated its offices to Malta, but that it had nothing to do with the aviation industry.
"The company the Prime Minister referred to is an International Brazilian company. In the wake of Libya's unrest, the company decided to relocate its offices to Malta. The company coordinates major construction projects in North Africa," the spokesman said.
The ministry however could not provide any further details, including its name.
MaltaToday also contacted Lawrence Zammit, the chairman of Malta Enterprise and Malta Industrial Parks about this investment.
Zammit however declined to comment, insisting that he was not at liberty to divulge details.
Asked simply to confirm the name of the Brazilian company, and to provide the date when it opened its offices in Malta, Zammit refused to answer, insisting that confidentiality laws prohibited him from divulging any details.
During The Times debate held back in February, Gonzi had said that a major Brazilian company that had learned of Malta during the Libyan crisis would soon be relocating to Malta.
Pressed by the journalist to reveal further details on the sector the company would be operating in, Gonzi had declined to comment further.
He only said that he would be releasing more information at a later stage.
Since then, Government has made no announcements regarding the relocation of a Brazilian company to the Maltese shores.













