Targeted approach needed to create value added niches for Gozo – GBC

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Targeted approach needed to create value added niches for Gozo - GBCThe Gozo Business Chamber has welcomed the Ministry for Gozo and Planning, and Invest Gozo’s recent agreement with SiGMA, which will see Gozo host a number of events, in the lead-up to the main SiGMA Conference to be held in Malta.

In a statement, the Chamber noted that “following the investment in the second fibre optic link and the Gozo Innovation Hub, such developments help to position Gozo as a potential investment destination for technology companies. This is an important step for Gozo to start a process of economic diversification which is highly needed.”

The Gozo Business Chamber stressed that “this now needs to be accompanied by efforts targeting the creation of a holistic targeted investment package for the set up of such companies in Gozo, accompanied by the creation of a start-up eco-system for Gozo in value added niches such as technology, and the green economy.”

“Such a targeted approach should lead to the creation of high value-added economic niches which would contribute significantly to the diversification of the Gozitan economy,” concluded the Chamber.

File photo: Chamber of Architects

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