Malta’s journey into the realm of the ICT sector was facilitated by governmental support, commencing in the early 1990s. Over the past years, Malta’s IT Industry has witnessed remarkable growth. The ongoing surge in the digital landscape has led to an escalated demand for IT professionals, aligning with the digital economy’s convergence of technology and policymaking, where Malta holds a leading position. Notably, the IT industry’s expansion, spanning almost three decades, has generated numerous vacancies in various fields within Malta.
Malta’s appeal as a foreign direct investment destination is undeniable, backed by strong indicators. The Digital Economy and Society Index (DESI) ranks Malta 7th out of 27 EU Member States in 2022, attesting to its proficiency in information technologies, intellectual assets, and environmental sustainability. The projected GDP growth of 5.8% for 2022 underscores Malta’s resumption of pre-pandemic economic activity. Maintaining a consistently positive credit rating and boasting a robust 9.8% GVA for the information and communications sector further solidifies its investment appeal.
Setting up operations in Malta offers a host of advantages. The local workforce is highly educated and productive, while non-residents benefit from tax refunds through Malta’s complaint tax system. Nationwide connectivity is robust, and online public services for businesses outscore the EU average. The digital landscape is advanced, with SMEs excelling in digital transformation technologies like Big Data, Cloud Solutions, and the evolution of the Internet of Things (IoT).
Malta has further solidified its stance as a hub for ICT through globally acclaimed events both locally and abroad. These events encompass the Dublin Tech Summit, Money 20/20 in Amsterdam, GITEX (Gulf Information Technology Exhibition), and Web Summit in Portugal, among others. Simultaneously, Malta has established its own technology-centric events, including the Valletta Tech Summit, iGaming Next, AI & Blockchain Summit (AIBC), and SIGMA Europe, all held on Maltese soil. These endeavours aim to elevate Malta’s technology profile by inviting international and national speakers, exhibitors, and attendees.
The island has swiftly emerged as a centre for Artificial Intelligence, Machine Learning and Blockchain Technology, with regulatory frameworks for DLTs, Virtual Currencies, and ICOs, making Malta an attractive destination for iGaming and Fintech – with Payment Service Providers (PSPs) and Digital Banking Services leading the charge in the global digital revolution.
The landscape of IT-related job opportunities in Malta is broad and includes roles like Quality Assurance, Software Development, IT Systems Administration, Application Development, Data Science, IT Analysts, and many others. Both established international companies and local enterprises seek tech professionals to fortify their respective IT departments and infrastructure. Additionally, smaller companies and start-ups recruit IT experts to oversee various technology-related tasks within their operations.
AN ATTRACTIVE EPICENTRE
Broadwing is dedicated to propelling Malta into a globally recognized tech hub, attracting investment, nurturing talent, and contributing to the digital evolution.
FOREIGN DIRECT INVESTMENT
- Malta ranks 7th out of 27 EU Member States in the 2022 edition of the Digital Economy and Society Index (DESI).
- Malta’s strengths in the use of information technologies, intellectual assets and environmental sustainability, highlighted in the EU Innovation Scoreboard 2021.
- The GDP projection for 2022 is optimistic, at 5.8%, implying that Malta’s economy will resume pre-pandemic levels of activity in mid-2022 (European Commission forecast).
- Continuous positive credit ratings throughout the years, with the GVA for the information and communications sector, standing at 9.8% (Eurostat 2020).
- A strategic location, being within three hours of direct flight time from Europe’s major financial and tech centres.
THE VALUE OF SETTING-UP SHOP IN MALTA
- Highly educated and productive local workforce.
- Entitlement of non-resident persons to various levels of tax refunds, based on Malta’s full imputation tax system.
- Digitally equipped – SMEs within Malta perform well in the use of technologies such as big data (31%) and cloud solutions (38%) (DESI 2021).
- Robust nationwide connectivity.
- As per DESI 2021, Malta scores above the EU average in the area of online public services for businesses (with a score of 95 in Malta versus 84 in the EU).
- In the Digital Public services domain, Malta ranks 3rd. The share of e-government users increased significantly, evidently exceeding the EU average.
Working in the tech services sector in Malta
When working in the tech services sector, roles and responsibilities are contingent upon the specific industry and organisation. Explore further to gain insights into the diverse roles and responsibilities within Malta's dynamic Technology Sector.
Our vision
Broadwing’s vision is to promote Malta as a hub of excellence, characterized by creativity, technological advancements, and suitability for both local and international talent. We are dedicated to showcasing the potential of Malta’s technology sector through our continuous commitment to implementing technology to deliver a first-class candidate and client experience.
Beyond showcasing the island’s economic robustness and fiscal stability through our collaborations and partnerships with industry-leading organisations, our recruitment platform also propels talent towards appealing new career prospects and supports their ongoing journey of professional and personal growth.