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Malta Business Review
TECH.MT
TECH.MT
Launch of Tech.MT in collaboration between the Government of Malta and the Malta
Chamber of Commerce—“Tech.MT will serve as a marketing arm for a technology driven
economy and deliver the message of what makes Malta the Powerhouse of Economic
Innovation” – Parliamentary Secretary Schembri
Parliamentary Secretary for
Financial Services, Digital
Economy and Innovation Silvio
Schembri launched Tech.MT, a
non-profit foundation that will function
between the Government of Malta and
the Malta Chamber of Commerce.
“The launch marks the successful
execution of yet another budget promise.
Tech.MT will serve as a marketing arm for
a technology driven economy and deliver
the message of what makes Malta the
powerhouse of economic innovation”,
explained Parliamentary Secretary Silvio
Schembri while adding that this year’s
budget tripled the budget allocated for
this measure.
Silvio Schembri said that while the Malta
Digital Innovation Authority will be
focusing on its regulatory role, through
its diligent efforts Tech.MT will ensure
that Malta is positioned as an attractive
working location within key tech areas
as are: Cloud Apps, Internet of Things,
DLT, Artificial Intelligence, Regulatory
Technology and Big Data Analytics.
“Through Tech.MT, Malta will be actively
promoted in foreign fairs, conferences as
well as educational institutions such as
universities. The interest in Malta and its
activity within this new emerging sector
was quite remarkable, giving rise to
companies which had already announced
their decision of relocating to Malta. Tech.
MT will be supporting these companies
by assisting them in promoting their
services away from our shores”, said the
Parliamentary Secretary.
He added that strengthening our
workforce’s digital skills within the digital
realm and beyond has topped the national
agenda. “We want youths to be part of
our vision, in fact one of the Government’s
appointees on the board will be a student
representative who shall chair the
youth sub-committee that will support
the governors’ vision and help them to
keep abreast of students’ educational
aspirations related to these tech areas”,
said Silvio Schembri.
“I am honoured, that as President of
the Malta Chamber, I am joining the
Parliamentary Secretary to launch Tech.MT,
a new foundation that shall seek to promote
Malta as a tech centre for innovative
technologies. The aim of Tech.MT shall
be to promote Malta as a tech centre for
innovative technologies. That means that
through this new body, we want to assist
tech companies based in Malta in exporting
their information and communications
technology beyond our shores. With this
clear aim, I am convinced that it will be
instrumental in taking this prolific industry
to the next level, building on the strengths
that it already enjoys and move forward
to new ambitious highs. So I appeal to all
practitioners in the field of tech to come
forward and talk to the Chamber and see for
themselves how we can help them”, stated
that President of the Malta Chamber.
Chairman of Tech.MT Mark Bugeja
explained that Tech.MT’s vision is based
on four main pillars: to promote Malta as
a tech centre for innovative technologies
within industry verticals, innovate, assist
operators and investors, and attract talent.
Credit: THE PARLIAMENTARY SECRETARIAT
FOR FINANCIAL SERVICES, DIGITAL
ECONOMY AND INNOVATION MBR
38