A mainstay of the Maltese economy, with well established roots dating back to the 1950s, this sector remains vibrant and competitive due to continuous innovation in products and processes. One could say that it is a perfect example of the Island’s ability to adapt to changing circumstances. When the country first industrialized in the 1950s, it was as a low-cost, labour intensive destination.
Today, this sector has moved far beyond its roots to focus upon high value added operations requiring a skilled workforce. Indeed, local operations are cited for the high quality of their product as well as their flexibility and ability to adapt to clients’ needs. This has ensured that Malta remains a competitive player in the sector. The sector itself is further diversified with operations involved in the production of automotive components, medical devices, pharmaceuticals, electronic components and high quality injection moulding, many with a high research and development component.
Further information about the sector may be accessed here