📋 Tender Overview
Malta will benefit from 817 million in Cohesion Policy funding in 2021-2027 to support the sustainable development of its economy as set out in the Partnership Agreement just adopted by the Commission.Following the important achievements of Malta during the past programming periods Cohesion Policy investments will further contribute to address the disparities in the country and make the Maltese economy more innovative and competitive. EU funds will support the countrys green transition and energy security and its digital transformation. It will improve peoples skills employment and social inclusion.Green transition energy security and competitiveness417 million from the European Regional and Development Fund ERDF and the Cohesion Fund will contribute to make small and medium businesses become more innovative digital and competitive and boost a smarter and low carbon economy.An important share of the funds will be invested in ensuring energy efficiency and energy storage capacity in the country thanks to the development of a second electricity interconnector to Italy in the form of a high-voltage cable running under the sea. This will increase electricity supply and security and help reduce greenhouse gas emissions.Moreover 23.3 million from the Just Transition Fund JTF will be invested in electricity power supplies to help decarbonizing the Grand Harbour and Malta Freeport.An inclusive labour market education and healthcareYoung people and women will have better access to employment thanks to over 124.4 million under the European Social Fund Plus ESF. This fund will also support innovative teaching methods and learning tools inclusive education for vulnerable groups such as children with disabilities and education in the green and digital transition fields.Moreover Malta will support active inclusion equal opportunities and non-discrimination of disadvantaged groups such as persons with disabilities. Food aid will also be offered to the most deprived. In addition Malta will invest in its health systems by providing training to workers in healthcare social protection and care rolling out awareness-raising campaigns on healthy lifestyles and wellbeing and investing in health research.Sustainable fishery21.8 million from the European Maritime Fisheries and Aquaculture Fund EMFAF will foster the growth of a sustainable blue economy improve the resilience of the fisheries sector and facilitate the sectors green transition by restoring and conserving aquatic biological resources and promoting sustainable aquaculture.Members of the College saidCommissioner for Cohesion and Reforms Elisa Ferreira said The adoption of the Partnership Agreement with Malta marks another important step in our common efforts to reduce disparities and promote more prosperous inclusive and territorially cohesive societies in the EU. Cohesion Policy investments will stimulate the green and digital transition of Malta and contribute to reinforcing its energy security and promoting a vibrant and diversified economy through support for small and medium businesses and a more innovation led economy.Commissioner for Jobs and Social Rights Nicolas Schmit added This Partnership Agreement will be key for Malta to reach its 2030 national social targets set in line with the European Pillar of Social Rights Action Plan. I welcome the strategic focus of the ESF investments boosting quality education and training and addressing skills shortages. With the support of ESF funds Malta will improve social inclusion and access to the labour market especially for women young people and the most vulnerable.Commissioner for Environment Oceans and Fisheries Virginijus Sinkevicius said This Partnership Agreement will create favourable conditions for the sustainable development of fisheries aquaculture maritime and coastal activities in Malta. Moreover it will contribute to the green and digital transitions of the fisheries and aquaculture sectors enhancing protection of the marine environment and biodiveristy and implementing viable solutions for decarbonisation while contributing to the ocean governance in the Central Mediterranean.
