Malta Industrial Parks Ltd (MIP) is responsible for the administration of the government-owned industrial parks and related facilities around Malta and Gozo, as well as supporting and promoting their further development.
MIP also manages the largest industrial property portfolio in Malta, spread across a number of industrial zones around the Maltese islands, which also include some industrial zones dedicated to specific sectors. Given the size of the country, all the industrial estates are within close proximity to the facilities that their tenants would require.
Business in Malta
Strategically located in the middle of the Mediterranean Sea, Malta is perhaps more renowned for its multifaceted history and its thriving tourism industry. However, it has been an important commercial hub for entire centuries and in recent years it has also managed to carve a niche for itself as an ideal place to do business. Indeed, in recent years the economic growth and development of new industries have been quite remarkable.
Enterprises operating from the Maltese islands may benefit not only from its excellent logistical facilities, but also from the myriad of support that is provided by those entities that respond to the needs of business and industry in order to help it flourish in the country.
While Malta might be more renowned as a touristic destination, those who have heard about its business-friendly environment have been enticed to learn more about its offering and often decided to expand or relocate their operations to the islands.Despite its small size, Malta has an economy that is thriving, particularly within industries such as advanced manufacturing, aviation, maritime, life sciences and healthcare, ICT, financial services, education, and tourism – all of which have good prospects for further growth and investment.
Malta is located practically at the centre of the Mediterranean Sea, in close proximity to the European Union and to North Africa.
Frequent and direct flights from and to the Malta International Airport link the islands to most European cities and major cities in North Africa and the Middle East with less than three hours of flight time. A daily high speed catamaran service connects Malta to Sicilty, while other ferry services are also available between Malta and Italy or North Africa.
Malta Industrial Parks shall be investing over 13 million euro in the upgrading of Taxiway LIMA, which runs parallel to Runway 23/05 or what is colloquially referred to as the short runway.