A mainstay of the Maltese economy, with well established roots dating back to the 1950s, this sector remains vibrant and competitive due to continuous innovation in products and processes. One could say that it is a perfect example of the Island’s ability to adapt to changing circumstances. When the country first industrialized in the 1950s, it was as a low-cost, labour intensive destination.
A sector which has seen very strong growth over the last decade, with the presence of a number of quality operators in the Maintenance, Repair and Overhaul (MRO) sector as well as a growing cluster of companies working in aviation software, UAV development, flight training and back office support for the aviation industry.
A sector with a strong foundation, with potential for substantial growth. Malta is well known as a centre for the teaching of English as a Foreign Language (TEFL). However, many are unaware of the strong presence of specialized institutions providing training for the oil and gas sector as well as a number of international universities offering a variety of services.
A rich history that features the Knights Hospitallers from the Sixteenth through to the Eighteenth Century and a hard-earned reputation as the “nurse of the Mediterranean” during the First World War, has given Malta a solid base of Healthcare experience that has continued to evolve in quality over the years. Indeed, today Malta ranks 5th globally for its overall healthcare performance.
ICT and Shared Services
Bolstered by the strong ICT infrastructure and by multiple links to the rest of the world, this is a sector which is not in any way limited by the country’s island context. One can find a wide range of activities within the sector, ranging from software development to online technical support services for a global client base.
This sector has a wide ranging presence in the Maltese economy, with well established operations in the manufacture of pharmaceuticals and medical devices, the production of software for the healthcare industry as well as a growing health tourism sector. All this has been boosted by the country’s workforce as well as effective connectivity with foreign markets.
Malta is ideally located at the centre of the Mediterranean, a few miles off one of the busiest global shipping lanes. Indeed, Malta boasts one of the largest merchant ship registers with a solid reputation as a flag of quality.