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Malaga at a Glance

 
The Malaga Mayor & the Deputy Secretary General of the United Nations (UN) and Executive Director of UNITAR, Nikhil Seth, recently inaugurated the CIFAL Malaga. This UN International Training and Research Center for Authorities and Leaderswill use videos and an interactive touch screens to educate diplomates and citizens on the Sustainable Development Goals (SDG) and the role of the UN and other administrations to achieve these goals for a better planet.

The Malaga Port opens a public tender to build a marina for super-yachts. Investors have 3 months from Oct. 2, 2018 to present their proposal. The 20-year concession is designed for 40 luxury ships with a water surface of 41,484 m2, 4,830 m2 of land and a pier length of 770 meters. The investment must be a minimum of 2.5 million euros and a maximum of 9.5 million.
 
The construction sector has created 10,000 new jobs (a 24.6 % increase) this year as noted by the Active Population Survey (EPA).  The total of 52,700 workers in the Malaga province is still below the pre-crisis boom. Ten years ago, 90,900 people were working in the sector.
 
The Malaga Metro celebrated its 4th anniversary accumulating more than 21.5 million passengers to date. Once the current expansion is completed, the system will be 14.8 kilometers with 23 stations and an estimated annual demand of 20.7 million travelers.
 
The XXIII World Athletics Master Championship gathered more than 8,200 athletes from 100 different countries to compete in various athletic events from September 4-16 in Malaga and had an estimated economic impact of 23 million euros to the local economy.
 

By the Numbers


6.5 % increase in the number of companies in the province with more than 10 employees to 4,503 in total.
 
1.6 million tons of movement in the Malaga Port from January to July 2018, which translates to a 4.1 % annual increase. The main activities are passengers, agri-food, vehicle importation and food supplying operations, as reported by the Malaga Port.

26,424 tourist establishments offer 308,288 places in the first semester of 2018, which represents a 25 % increase in the number of establishments & a 10 % increase in number of rooms.

Company News

 
Virgin Hyperloop One and the Spanish Railway Infrastructures company (ADIF) signed a protocol to build an experimental R&D test center for hyperloop transport in Bobadilla, Malaga. The hyperloop system, currently in the testing phase, could transport people and goods at 1,200 kilometers per hour.  The investment for the center will be 500 million dollars (432 million euros), including manufacturing zones, test platforms and equipment of Virgin Hyperloop One.
 
PointClick Technologies, based in Raleigh, NC opens its European office in Malaga Valley. Since 2007, this enterprise-level Cloud & Hosting company provides IT infrastructure solutions and managed services, including a comprehensive security suite, disaster recovery and managed storage and backup solutions.
 

Upcoming Events

 
Oct. 5-7 PyConEs - National Python Developers event
Oct. 17-19 S-Moving Smart, Autonomous and Unmanned Vehicles Forum
Oct. 26 Tedx Malaga Salon
Nov. 7-8 EuroFinTech
Nov. 7-9 4KHDR Summit
Nov. 16-18 SIMed, 14the Mediterranean Real Estate Exhibition
Nov.30-Dec.1 Talent Woman
2018 British-Spanish Tertulias
Feb. 13-14, 2019 8th Transfiere European Forum on Science, Technology & Innovation
March 27-28, 2019 10th GreenCities Forum of Urban Intelligence & Sustainability
Sept. 22-27, 2019 46th Congress of the International Association of Hydrogeologists: Groundwater Management & Governance
 

Visitors

 
We had business people visit us from Argentina, Chile, Costa Rica, Finland, Germany, the Netherlands, the UK & the USA during the third quarter of 2018.  We also had a special visit from the City of Stavanger, Norway which included a business delegation of 20 real estate developers, contractors, consultants and transport companies.
 

Foreign Business Groups in the Area

 



Marc Sanderson
International Economic Development Director
Tel: (+34) 608 761 046
msanderson@malaga.eu