A world-class ICT infrastructure, a number of tax benefits and incentives as well as a highly flexible and easily adaptive workforce are just some of the reasons why an increasing number of leading organisations have discovered the benefits of nearshoring services to Malta, the Maltese Ministry for Infrastructure, Transport and Communications has revealed.
With a highly skilled and bilingual workforce, Malta is rapidly building itself an enviable reputation for excellence in the Mediterranean, as an increasing number of European companies aim to cut costs by nearshoring technology and business processes. Ideally suited to companies looking to nearshore a wide range of ITO and BPO services across a large number of vertical sectors, Malta’s business friendly corporate legislation system, excellent human capital, political stability and resilient ICT infrastructure have continued to attract some of the leading names in business.
“It’s a well known fact that Malta is a destination of choice for holiday makers across Europe, but it’s also becoming clear that Malta can provide significant advantages for businesses in the UK,” said Dr Austin Gatt at the Maltese Ministry for Infrastructure, Transport and Communications.
“Already, we’ve seen the likes of HSBC, Crimsonwing and Lufthansa Technick establish themselves in Malta. They’ve all experienced Malta’s competitive government incentives, tax benefits, and strong supply of ICT professionals during their time here.
Malta also has a firm commitment to innovation, which is exemplified by the upcoming opening of Smart City, a technology park and media city aimed at providing state-of-the-art facilities and infrastructure for businesses of all shapes and sizes. We’re very confident that this will help to bolster Malta’s reputation as a global base for IT in the years to come.”
David Walsh, CEO at the international IT solutions company Crimsonwing, said:
“We have had a Solution Centre in Malta since 1998, and at that time it was important for us to find the right location, which would support our focus on application package based projects and custom development of client specific solutions. The Malta Solutions Centre has enabled us to offer competitively priced services, while still allowing us to be accessible and responsive to clients.
“We have also been fortunate enough to experience extremely low attrition rates, which has helped us to offer clients a great deal of continuity on projects. Crucially, the Malta centre has also allowed us to negotiate some of the typical offshore barriers, such as travel time, culture and language differences, all of which have helped us to compete in this competitive global marketplace.”
Further information
Jon Brigden/Sophie Callender
Buffalo Communications
Tel: 0207 292 8680
