Sunday, April 28, 2024
spot_imgspot_img
HomeFocusResearch and development in Malta: the success of Aquaculture 4.0

Research and development in Malta: the success of Aquaculture 4.0

Malta exports innovation in aquaculture all over the world thanks to a robust ecosystem of support for research and development activities, which are considered fundamental for the development of economic activities and the achievement of recognition in terms of business and prestige even at an international level.

The ideal environment built in this small archipelago in the center of the Mediterranean in the last decade for those who want to do research and build new models of development, based on innovation and sustainability, is favored by important public incentives, advanced facilities, a streamlined bureaucracy and tax breaks.

If we add to all this a natural element such as the sea, in which the Maltese islands are immersed, success is guaranteed. So in fishing as in a strategic sector such as aquaculture.

An example of success comes from the experience of AquaBioTech Group, a Maltese company engaged in research and development of new technologies of the latest generation, which have already taken the name of “aquaculture 4.0”. These include applications of marine biotechnology to the “multipurpose” marine space and systems to counteract the impacts of climate change.

The group now employs as many as 85 people with high-level qualifications, thanks also to the 2.45 million euros recently collected through funds allocated for research by the European Union and the local government.

Following this path, which combines economic support with a look towards the future, the company has contributed to the development of world-class services and technologies, making Malta a country at the forefront of the aquaculture sector, thanks also to a research center located in the town of Mosta, where among other things another cutting-edge research facility, the Malta Life Sciences Park, is also located. The success of the Maltese company, which today collaborates in various research and development projects funded by European and Maltese institutions, is an example to follow for those who want to do research in order to improve our world and our economies by combining innovation and sustainability.

Malta Business Agency offers support for the development of research and development activities and for their internationalization.

DISCLAIMER

This article provides general information only and does not replace professional advice in any way. It is recommended to consult a qualified professional before making any important decisions regarding financial, legal or other matters. The author and the publication are not responsible for any errors or damages caused by the use of the information contained in this article.

Giovanni Guarise
Giovanni Guarise
Professional journalist since 2010, over the years as a freelance he has dedicated particular attention to the world of Small and Medium Enterprises, creating in-depth studies and focuses for various newspapers, and collaborating in communication activities for a trade association in Veneto.
We are memberspot_img
spot_img

Related articles

Maltese maritime industry celebrates Grimaldi group

A recent event organized by the Grimaldi Group provided an opportunity to take stock of the health of the Maltese maritime industry and the...

Maltese flag receives high rank within US ports

For the first time in the history of the Malta Ship Registry, Malta has been recognised by the United States Coast Guard (USCG) under...

Reduce bureaucracy for businesses: the mission of the MBR

In a recent interview with The Malta Independent, Malta Business Registry CEO Geraldine Spiteri Lucas reviewed the work and goals. The MBR's work has...

Funding focus
Discover the news in the dedicated section