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Malta's strategic location and efficient infrastructure make it a thriving marine market. It boasts a 15% GDP share and a €2.3 billion output, solidifying its position as a key maritime player.
Government Procurement
Malta's government actively invests in the marine sector, driving innovation and growth. Direct economic impact from procurement reaches €855 million, further amplified by indirect and induced impacts reaching €2.2 billion.
Key Products and Services
The government primarily procures ship repair and maintenance services, bunkering and fuel supply, ship agency services, and maritime logistics support. These services are crucial for maintaining Malta's maritime competitiveness.
Leading Authorities
The Malta Maritime Forum (MMF) and the Transport Malta play a crucial role in regulating and promoting the marine sector. They oversee procurement processes and ensure transparency and fairness.
Top Procurement Winners
Leading companies in the marine sector frequently secure government contracts. Some of the top winners include Palumbo Shipyards, Melita Marine Services, and Sullivan Maritime. Their expertise and experience are vital for successful project execution.
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