Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Silvio Schembri is leading a delegation of e-sports and video game companies in Cologne, Germany, where through GamingMalta they are exhibiting their products and services at Gamescom, the largest European video games and e-sports fair in Europe.
“This year we have sought to strengthen Malta’s presence in this fair, which is why companies operating in our country are exhibiting their work in Gamescom. As a government we are endeavouring to better understand what the industry is looking for and to this end we are striving to illustrate the incentives we offer as a country and enable the creation of a new economic niche. This is a huge industry and therefore it is essential to explore its potential to diversify our economy and create new opportunities for Maltese and Gozitan youths,” said Parliamentary Secretary Schembri, adding that discussions with educational institutions are ongoing, with the aim to provide and review courses related to this industry, so that young people are given the opportunity to pursue a career in this field.
After a new strategy aimed at growing more sectors of videogaming Development and Export was launched last May, the government is now increasing its efforts to attract more investment and companies hailing from this field to our country; offering even greater opportunities to those who specialize in the field of play production, media production, digital arts, sports and digital.
During this trade visit, Parliamentary Secretary Schembri had several meetings with international investors, with the scope that these are encouraged to invest in Malta. Not only will these bolster this ever-growing sector but will also contribute towards job creation within this field, ultimately creating more modern employment opportunities in the immediate future.
To achieve this goal, our country is investing in education, which in turn will provide more digital skills needed in these sectors, as well as providing new incentives to help companies develop the video games sector. This is being implemented against a global background wherein this sector is considered as much larger than the film and music industry combined and therefore offers great potential for our country’s digital economy.
During this fair, which attracts more than 400,000 attendees, more than 10 companies which produce digital games and operate in the e-sports sector in Malta, are currently exhibiting their work. This is the second time that our country is taking part in Gamescom with the aim of attracting new investment through GamingMalta and Malta Enterprise.
During the fair, which is also open to the public, adults, young people and children accompanied their parents, have the unique opportunity to play new games that are not yet launched on the market or experience interactive digital games. A number of small start-ups are also participating in this fair, where university students have the opportunity to show their projects to potential investors willing to help develop their games.
During this visit, the Parliamentary Secretary for Financial Services, Digital Economy and Innovation, Silvio Schembri was accompanied by Ivan Filletti, Head of Operations & Business Development at GamingMalta.