54% of Maltaโs #NextGenerationEU financing will secure the countryโs green transition.
Major investments will include:
๐ขEnergy-efficiency renovations and greening of buildings
๐ขAccess to free public transport
๐ขA new ferry landing place at St Paulโs Bay/Buฤกibba
Malta's #NextGenEU plan will also take steps to reinforce economic and social resilience.
๐ฉบIncrease the resilience of the health sector
๐ Enhance the quality and inclusiveness of education
โ๏ธStrengthen the functioning of the justice system
What if the next big AI breakthrough came from Europe?
Today we announced an ambitious AI Continent Action Plan to make this happen โ
Our plan includes:
๐ญ 13 AI Factories to drive innovation, connecting universities, startups, industry, and policymakers. These hubs will bring together top talent, high-quality data, and powerful computing.
โ
๐ The EU will also set up AI Gigafactories with 100,000 state-of-the-art AI chips โ four times more than current AI factories.
๐ Data Labs will curate large, high-quality data.
๐ฏ We are launching the Apply AI Strategy to boost industrial use in EU sectors.
We want technologies and products to be created, manufactured and marketed in Europe.
And we must act now.
Our new Competitiveness Compass is the plan for Europeโs productivity and growth. โ๐งต
#madeinEurope
In the next five years, weโll work on aligning all European, national and local efforts to supercharge sustainable prosperity and growth.
First, we will drive productivity through innovation.
How?
โ Supporting start-ups and conditions for scaling up
โ Building a deeper, more efficient venture capital market
โ Easing talent mobility and retention
โ Investing in state-of-the-art infrastructure
โ Boosting research & innovation