The Malta Government Investments (MGI) was established in 2015 as a strategic fund for the government. The company follows a long-term investment strategy in line with the policy direction set by the government. The holding company currently manages 17 subsidiaries across a variety of industries on behalf of the government. The fund is estimated to manage US$ 12 billion. In March 2022, MGI led the efforts to establish the EMENA Sovereign Funds Collaborative Network, which aims to serve as a regional platform for members to discuss investment opportunities across Europe, the Middle East, and North Africa.