Microsoft to invest Lm20m in Malta
Times Of Malta | at | by Mike
Microsoft will be investing an estimated Lm20 million in Malta over the next three years, an investment which was likely to disappear if Malta did not join the European Union, Justice and Local Government Minister Austin Gatt said yesterday. Among other forms of investment, the agreement caters for the setting up in Malta of the first technology centre of excellence in the region, giving access to source-codes.
The Malta government will also be enrolled in a security programme, and the island's 70,000 students will be offered software at give-away prices. Calling it a "fantastic deal", Dr Gatt said Microsoft had chosen Malta from an analysis of the 10 countries aspiring to EU membership in 2004.