Welcome home – What elements attract foreign companies to Malta
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What elements attract foreign companies to Malta, Ian Vella asks.
In recent years, Malta has become a popular base for online gaming companies. In fact, there are currently more than 500 licensed operators, representing more than 10 per cent of the global online gaming market.
Some may argue that companies are setting up base in Malta due to favourable finance and tax incentives. While such incentives are an attractive element, they are only part of the story. ICT companies today are looking to operate in a certain culture and look for expansion possibilities and local talent. We have to keep in mind all these factors when promoting ourselves abroad to potential investors if we want to keep enticing ICT companies to set up shop in Malta. We have to identify and capitalise on what sets us apart.
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