ROCS Group Corporate Profile

The Maltese Islands

A background

TheMalteseArchipelagoconsistsofMalta,GozoandCominowiththecapitalVallettadeclareda worldheritage sitebyUNESCO. Thepopulationof these islands is approximately450,000with over 170,000 households. Over the past years the Maltese economy has experienced positive growth leading to an overall improvement in the population’s already high standard of living. The economy has also passed through a period of restructuring and with Malta’s accession to the European Union on the 1st of May 2004, this positive trend is not only expected to be maintained but also improved. The archipelago presents one of the most charming destinations in the Mediterranean, and offers a unique holiday experience whether one is seeking adventure, relaxation or a cultural destination.

Froma vivid past... to a dynamic future

AlthoughMalta is a relatively small nation state it has a large tourist industrywith tourist arrivals reaching 2,800,000 annually.

During the past years, Malta has seen a substantial increase in various industrial sectors particularly in the ICT segment. Gaining a reputation as a centre for quality, it is rapidly growing and in a very short time Malta has established itself as one of the leaders in this field attracting some of the largest global organisations such as Microsoft, HP and Cisco to name a few. Also, the multi-billion dollar investment of a renowned Dubai investment consortium to develop SmartCity Malta makes the island an important strategic hub for ICT in the region. The heavy investment in this sector will continue to expand in the coming years.