Mediterranean Hub

The 'hubbing' vision for Malta championed by Joe Woods is still relevant today. Mr Woods explains his vision of promoting Malta as a Mediterranean hub:

By developing Malta into the hub of the Mediterranean it can make itself relevant in a market of 220 million people and a very relevant region in the emerging global scenario. Our geo-strategic position and the different cultural influences we have had over the years, make Malta an ideal interlocutor between Europe and the African continent. Historically we have played host to numerous cultures, being a seafaring nation. This enables us to understand both the European mentality and the immediate North African culture.

We also have a good infrastructure set up with advanced telecommunications and more than adequate air and maritime distribution. Malta is also a safe haven for workers and their families and is generally cheaper than most European cities. These are aspects that give Malta a unique characteristic. I have identified about six business sectors that have developed hubbing initiatives. There are opportunities in tourism, financial services, education, aviation, maritime and information and communication technologies. To mention some specific examples Bank of Valletta, Globe Financial Services, Malta Freeport Corporation and Maltacom training centre are a few organisations who are pursuing hubbing strategies.

Malta as a business gateway from CountryProfiler.com

Malta as an ICT Hub - Report of a Conference

Former US Ambassador to Malta promoted the islands as a business hub