The potential for business growth when investing in technology and digitization cannot be underestimated

During this year’s Tech.mt AGM, CEO Dr Portelli highlighted that Malta is well-positioned to be an incubator for innovative tech ideas. “The small size of the market can be an advantage in this sense. Another advantage is the high degree of diversification of our relatively small economy. This provides endless possibilities for product and service development. Whether it’s tourism, financial services, manufacturing, transportation, media, telecoms, energy, health – the Maltese economy provides ample opportunities for highly diverse economic activities, all of which can be enhanced through creative digital solutions.”

She added that “This does not mean that we do not have our challenges. One of the obstacles to our progress with digitization is a shortage of properly skilled staff in the subject area. Modernising current employment and skills regulations is also critical to meeting the demands of a digitally transformed world. Regardless of the industry or nature of the job, competency with digital tools and services is required. The Malta Chamber argues that one critical prerequisite is for the school system to provide all pupils with a basic awareness of technology, which is unfortunately still lacking today.”

The Malta Chamber has a proven track record of over 176 years representing commerce, enterprise and industry – our commitment remains and we will continue giving all our energy to see continued success.