Prime Minister Joseph Muscat has inaugurated the Innovation Hub in the Industrial Area of Xewkija, Gozo, with a € 9 million Euro investment co-financed by the European Union.
Spread over 9,000 square meters, the Gozo Innovation Hub will be the site from which innovative companies operate.
The Prime Minister said that this project would be an important link in the government’s vision to make Gozo a sustainable economic engine for the whole country.
The building, formerly the Malta Diary Products factory, has been transformed into a centre which already hosts companies from the Noovle Group and J2Group2, which is a Gozitan company which teamed up with Microsoft which, among other innovations, work in the field of artificial intelligence, data analytics, productivity and efficiency.
Dr Muscat said that the government associated Gozo with innovation and well-paid jobs which improved the standard of living of workers in Gozo. He said that the government was looking at innovation not only as a key to the future, but also in the present, to contribute in areas such as health, education, tourism, traffic, loġistika and security.
The Prime Minister said that from 2012 onwards, the amount of Gozitan residents who worked had increased by 4,124, with the amount of jobs in Gozo increasing to 3,144. He said that every week there was an increase of ten jobs, with the majority in the private sector.
Minister for Gozo Justyne Caruana described the project as a monument to the work carried out by the government for Gozo. Dr Caruana said that this project had created a prestigious destination for innovation to grow smoothly.
Minister for Economy, Chris Cardona, said that this investment, together with the establishment of a second fibre optic cable, were important symbols of economic change.