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Malta BudgetGuide

Investment project

Second Sicily interconnector

The second interconnector with Sicily is expected to double Malta's interconnection capacity.

Budget 2027Announced

Amount

Not specified

Previous

No direct comparator

Effective from

Awaiting guidance

What it means

The Chapter 6 passage does not state the project's budget, capacity in MW or completion date. Do not infer these from the separate offshore-wind proposal.

Affects: Residents, Companies & SMEs.

Capital-project record

Location
Malta–Sicily connection
2027 status
Second interconnector described as doubling interconnection capacity
Project budget
Not stated in the speech
Expected completion
Not stated in the speech
View the full capital-project tracker

Still to be confirmed

  • Project-specific budget or confirmed completion where not stated.

Sources

  • Diskors tal-Budget 2027, Ministry for Finance (Malta), 2026-10-26. Printed p. 58 (PDF p. 62)

Related measures

Budget 2027Rules pendingBudget measure

Additional COLA support payments 2027

The additional COLA mechanism runs again, paying €200 to €1,500 a year depending on disposable income and household size. Over 100,000 households are expected to benefit.

€200 to €1,500 per year

Speech printed p. 22 · PDF p. 26

Budget 2027AnnouncedBudget measure

Free public transport eligibility 2027

From 2027 free public transport is restricted to Maltese and Gozitan residents, resident EU nationals and long-term residents.

Speech printed p. 30 · PDF p. 34

Budget 2027Rules pendingProposed reform

Small company 25% tax on retained profit

A 25% tax rate on retained or reinvested profit is announced for qualifying companies with turnover not above €1 million, compared with 35% on distributed profit.

25% on retained profit

Proposed rules; implementation not confirmed.

Speech printed p. 34 · PDF p. 38