During Thursday’s (today) Malta Council for Economic and Social Development (MCESD) meeting, the Government announced the launch of an initiative to define a comprehensive and forward-looking Vision for Malta 2050.

In a statement, the Office of the Prime Minister (OPM) said this would establish the country’s strategic direction for the coming decades, with an emphasis on enhancing the quality of life for all its citizens.

The vision will include key milestones to be achieved by 2035, ensuring timely progress along the way.

This process, recently approved by the Cabinet, will be guided by experts with extensive international experience in shaping national visions of this scope.

The Malta Vision 2050 will serve as a blueprint for the country’s economic, social, and environmental development, “establishing a forward-looking economic model” that prioritises sectors like digital innovation, infrastructure, education, healthcare, sustainability, and employment demographics—all with the central goal of improving the quality of life.

Prime Minister Robert Abela remarked that the Government’s vision for Malta is not just about economic progress, “it is about building a country where prosperity is shared by all.”

The Cabinet has entrusted the leadership of the project to the OPM. Oversight will be delegated to the Ministry for the Economy, Enterprise and Strategic Projects, reflecting the cross-sectoral nature of the vision.

While the country has experienced economic growth over the past decade, emerging issues like climate change, technological disruption, demographic shifts, and global market dynamics necessitate a long-term strategic approach, added the OPM.

The new Malta Vision 2050 will address these challenges, aiming to position Malta as a “resilient, competitive, and sustainable nation.”

A key element of the vision will be alignment with the European Union’s 2050 climate neutrality goal, a central objective of the European Green Deal. Malta’s vision is said to not only commit to this goal, but “will also set concrete, achievable targets” for 2035, providing a “realistic pathway to success and ensuring steady progress towards a sustainable future.”

This national vision is not intended to replace existing sector-specific strategies, said the statement, but rather, it will consolidate and build upon them, offering a cohesive and unified framework that integrates individual efforts into a comprehensive national roadmap.

To ensure robust governance, the Government has also established an Inter-Ministerial Steering Committee chaired jointly by Minister Silvio Schembri and the Head of Secretariat of the Office of the Prime Minister. This committee will oversee the development of the vision, ensuring the process is inclusive, forward-thinking, and aligned with both national interests and international goals.

The Government aims to complete the definition process for the Malta Vision 2050 by the end of the first quarter of next year, and work on this project has already begun.

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