Malta is set to make headlines as it welcomes over 100 delegates from 194 countries for the International Telecommunication Union (ITU) Global Innovation Forum 2024. This three-day conference, taking place at the heart of the Mediterranean, aims to foster collaboration on digital innovation and address the pressing challenges facing digital ecosystems today.
The theme for this year’s forum is “The Digital Future for the Good of All,” which aligns with Malta’s Vision 2050 strategy. This initiative underscores the nation’s commitment to advancing its position in digital innovation and showcases its achievements in creating a sustainable digital landscape.
The forum was officially inaugurated by President Myriam Spiteri Debono, alongside Minister for Economy, Entrepreneurship, and Strategic Projects Silvio Schembri, and Dr. Cosmas Zavazava, Director of the Telecommunication Development Bureau. Minister Schembri highlighted Malta’s rich history of resilience and innovation, stating, “The fortified walls of Valletta, designed centuries ago, represent not only military foresight but a timeless spirit of resilience and preparedness that we continue to embody today.”
A significant point of pride for Malta is its pioneering role in the digital sphere. The country was the first globally to implement a legal framework for virtual financial assets, later adopted by the European Union, establishing itself as a leader in digital innovation. The Malta Digital Innovation Authority (MDIA) and the forthcoming Digital Innovation Hub (DiHubMT) are set to further bolster the nation’s commitment to empowering startups and small-to-medium enterprises (SMEs) in adopting advanced technologies.
Malta’s impressive strides in digital infrastructure have resulted in a 100% availability of digital public services, comprehensive 5G coverage, and high-speed internet access. According to the latest Eurobarometer survey, 80% of the Maltese population reports that digitization has positively impacted their daily lives, surpassing the EU average of 73%.
As the forum progresses, it is clear that Malta is not just a picturesque destination but a forward-thinking country determined to shape a prosperous and inclusive digital future for all. Through collaboration and innovation, Malta aims to position itself as a hub for digital advancements that benefit not only its citizens but the global community as well.
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