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Malta's services market is experiencing rapid growth, with a projected revenue of US$17.3 billion by 2028. This represents a significant 5.8% annual increase driven by factors such as:
Strategically located island nation, attracting international business
Strong focus on innovation and technological advancement
Growing tourism industry and related services
Government initiatives to support the services sector
The services sector now accounts for over 70% of Malta's GDP, highlighting its critical role in the economy.
Public Sector Drives Growth: Government Procurement in Malta
The Maltese government plays a vital role in the services market, with a total expenditure of US$3.1 billion on services in 2022. This figure is projected to reach US$4.2 billion by 2028, representing a steady 4.4% annual growth.
Government initiatives like the "National Digital Strategy" are driving the demand for services in areas like e-government, cybersecurity, and digital infrastructure.
The Maltese government primarily procures services in the following areas:
IT and telecommunication services: for e-government solutions, network infrastructure, and cybersecurity.
Construction and engineering services: for infrastructure projects like roads, buildings, and renewable energy initiatives.
Professional and consulting services: for project management, strategy development, and research.
Healthcare and education services: to provide quality services to citizens.
Facility management and security services: for maintaining government buildings and ensuring public safety.
Navigating the Maltese government procurement landscape involves understanding key authorities:
Ministry for Finance and Employment: Oversees public finances and approves government budgets.
Central Procurement Directorate (CPD): Regulates and oversees government procurement processes.
Malta Information Technology Agency (MITA): Responsible for government IT infrastructure and e-government initiatives.
Sector Ministries: Responsible for specific government functions and procurement within their respective areas.
Some of the top winners of Maltese government services procurement include:
Melita Limited: A leading telecommunications company providing network infrastructure and technology solutions.
Go Malta Plc: Another major telecommunications company offering network and technology services.
Deloitte Malta: A global consulting firm providing professional services.
PwC Malta: Another global consulting firm offering professional services and business solutions.
Gatt Group: A renowned construction and engineering company.
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