Throughout the past decade, Malta’s industrial heartland has been given an unprecedented facelift through the extensive use of EU funding. Projects included the upgrading of the general environment, service infrastructure, and the establishment of communal facilities in industrial areas. The aim is to enhance Malta’s competitiveness as an investment location and thereby contribute to sustaining Malta’s growing knowledge-based economy as well as the creation of quality employment opportunities.

  • Xewkija

    Location

    Xewkija

  • European Regional Development Fund

    Fund

    European Regional Development Fund

  • Investing in Competitiveness for a better quality of life

    Programme

    Investing in Competitiveness for a better quality of life

  • €9,000,000

    Cost of Project

    €9,000,000

  • €8,200,000

    Total EU Allocation

    €8,200,000

Malta seeks to ensure leadership through the design of these investment projects, using innovative technology such as the Internet of Things, artificial intelligence, and other high-tech solutions, while ensuring that suitable space is created for innovative business to develop and grow.

This also applies to Gozo, which is increasingly becoming the place to do business smartly and innovatively. One such project, the Gozo Innovation Hub, is further strengthening the island’s potential in this regard.

Located on the outskirts of the Xewkija industrial estate on the way towards Victoria and only minutes away from the Mġarr harbour, the Gozo Innovation Hub – constructed thanks to a significant outlay of Cohesion funds – is a unique campus style development offering a wide array of services all aimed at helping new companies set up with ease and then operate successfully.

The larger building, spread on two floors and having a total area of 9,000 square metres, is the business centre. Each floor comprises a number of open plan business units, ranging in size between 85 square metres up to 270 square metres, with the possibility of interlinking units should the prospective tenants require so.

Completed in 2019, the Hub has already secured some high-profile investment. Global giants Google and Microsoft, who are respectively partnering with Italian company Noovle and Gozitan IT specialists J2 Group, were the first to be allocated space to work from the Hub, with more tenants setting up in the meantime and others lining up.

Such investments are testimony to both Malta’s and Gozo’s potential as an ideal location for doing business within the sectors related to these new technologies that will be shaping our future, such as AI and machine learning, bio-informatics, cybersecurity, digital ledger technologies (DLTs) including blockchain, and the Internet of Things (IoT).

Indeed, Gozo in particular lends itself perfectly for pilot projects within these sectors in view of its smaller size and population, serving as an ideal base where to come up with innovative ideas, develop them, try them out with a small test base and at a contained cost, and then sharing them on the global market once they have proven to be successful.

www.gozoinnovationhub.com

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