Malta's new maritime policy has just been launched by the
Parliamentary secretary for competitiveness Jose Herrera. This
policy was much needed, particularly to act as a way of calibrating
current Maltese laws so as to enable Malta to reach its industry
goals.
The importance of this policy also lies in the fact that
Malta's maritime industry constitutes for around 9% of the
country's GDP and 5% of the population are reliant on this
industry for their income. Therefore, the new policy will strive to
further establish Malta's maritime sector as an economic
stronghold of the country, also based on the EU2020 guidelines.
The approach that will be taken is taking into account the
present situation in order to further improve future prospects
across four key pillars; food and aquaculture, logistics, services
and energy. In formulating the policy, the government recognised
the importance of collaboration between the public and private
sector in order to be successful.
