Tourism is one of the most important sectors for the Maltese economy contributing to approximately 15% of the GDP. Tourists are visiting Malta for the island’s rich history and culture as well as aquatic activities. Lately, medical tourism has also become popular in Malta. In 2017, Malta had 2,273,837 visitors which is an increase of 15.7% compared to 2016. Malta can accommodate 51,254 tourists at any given time with an occupancy rate of around 80% in summer and 47% in the winter months. The average stay is 7-8 nights and the most popular time of the year is June to September. Most tourists are from the United Kingdom, followed by Italy, Germany and France. Malta also has a significant number of visits from Cruise liners (over 300/year).
Malta has 6 marine aquaculture operators, 5 tuna fattening farms and one closed-cycle seabream farm. The farms are spread over 9 different sites. The sector provides employment for 197 FTE as well as 767 indirect FTE. The annual production is 19,291 MT (2018). The policy of the Government is to target 5MT of closed-cycle aquaculture annually, develop a hatchery and increase FTE (up to 1185).
Maritime transport has been a catalyst of economic development and prosperity throughout the history of the country. Malta has two mayor ports, the Malta Freeport and the Port of Valletta. More than 90% of all goods entering and leaving Malta go through these ports. The port of Marsaxlokk is the base of 70% of the county’s fishing fleet and is handling about 2.8 million Twenty-Foot Equivalent. The port of Valletta is a multi-purpose port equipped for a large number of maritime services such as cruise liner and cargo berths, bunkering facilities, ship building yards and storage facilities (Source: Malta Marittima).
Malta uses a total of 180,000 Tons per year of fossil fuel and produces 133,419 MWh of renewable energy of which 58 MWh is wind energy, 125,054 MWh solar energy and 8,307 MWh of biogas. For a large part of its fossil fuel it is dependent on Sicily. The Government strongly considers the exploration of blue renewable energy opportunities. The four main blue energy areas that are being focused upon for further study are: offshore wind farms, floating photovoltaic islands, tidal wave energy conversion and blue geothermal renewable energy (Source : Malta Marittima).
The Maltese Islands have a rich and long history dating back to 5900 BC. Malta went through a golden Neolithic period in which the mysterious temples on the island were built, which can still be found on the islands today. In later times, the Phoenicians,...View More
The following partners are involved in the study of Malta: AQUABIOTECH GROUP – (ABT) The following local stakeholders have declared their interest in participating in the local study of Malta in the frame of the Soclimpact project: MALTA MARITTIMA...View More
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