“The Government and businesses must invest in technology that optimises efficiency in a seriously changing economic macroclimate,” said The Malta Chamber President, Perit David Xuereb this morning, during the inauguration of news offices for Tech.MT.
Tech.MT, which was established in 2019 as a Public-Private Partnership between The Malta Chamber and the Maltese Government, aims at promoting Malta as a hub for innovation and technology.
Xuereb noted how during a Cabinet Meeting, which was held for the very first time at The Malta Chamber last year, the main pillars that could drive the economy forward were discussed. “Among these key elements, technological innovation was included. Through this partnership, these offices symbolise the work that has been done towards attaining higher levels of productivity, competitiveness and quality of life,” he said.
The Chamber President said that the vision of Tech.MT was very much aligned with that of The Chamber, in terms of identifying innovation and technology as key principles that can lead to more sustainable and prosperous growth. Xuereb said that key principles such as good governance, enhanced quality and zero climate economy, greatly compliment Tech.MT’s drive towards expanding Malta’s technology industry while positioning the islands as the go-to country for tech solutions.
“Now more than ever, it has become clear that the Government, business leaders, and educational institutions must prioritise the principles of digitalisation and technological advancements at the heart of sustainable economic growth ambitions. As a Chamber of Commerce, we believe that Malta should reach the maximum levels of productivity to increase the country’s competitiveness and Tech.MT is well aligned to help in achieving these goals,” explained Xuereb.
Perit Xuereb noted that ever since it was established, Tech.MT had been a success story. “It has become a pillar for the tech industry and continues to deliver on its mission by organising a number of key initiatives such as the eBusiness Awards and the Women4IT project. Through such initiatives, technology has become ever more tangible and accessible to people of all ages,” said Xuereb.
Hon. Silvio Schembri, Minister for the Economy, Investment and Small Business, who also took part in the inauguration, thanked The Malta Chamber as it was instrumental in the setting up of Tech.MT.