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.