The KPMG study on the construction industry and the property market in Malta, commissioned by the Malta Developers Association, issued today, shows that this sector represents 15% of the nation’s gross valued added, accounting for a total output of €2.55 billion.
In terms of employment, the sector contributes to the creation of 37,275 jobs or over 21% of the total gainfully occupied in Malta and Gozo (all figures related to 2015).
Speaking at a press conference held at the Auberge de Castille, MDA President Sandro Chetcuti said that there were two principal reasons why the MDA has for years been wanting to conduct such a study:
