Thursday, 20th November 2008 - 17:34CET
Current crisis may be of benefit to Malta
The current financial crisis may result in a number of emerging opportunities for the Maltese IT industry, SmartCity Malta CEO Claudio Grech said.
Speaking during the first national ICT conference organised by the University’s ICT faculty, Mr Grech said that while the latest forecast indicators revealed a bleaker outlook for the near term, new trends and operational adjustments were shaping up new global opportunities which Malta could use to enhance its IT business destination credentials.
“SmartCity Malta is reading the current global picture and interpreting these signals,” said Mr Grech.
“While major ICT companies are seriously reconsidering planned expansions and/or relocations to other destinations, Malta is well placed to be considered as an attractive cost-efficient destination," he said.
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Comments
What are their credentials?
How many of them there are?
What makes them confident that their statement makes sense?
From where have they obtained this marvellous piece of information?
When will SmartCity Malta start to be operational ?....(at least 75 % of it)
From what we, common mortals are reading, the world has not experienced such a financial crisis since pre Word War II. Would there be a possibility of such a similar event in the very near future? If yes....why bother to make such projections?
The ONLY benefit the current crisis may have for Malta, is for the PN, who will use it for every excuse when things go bad, every excuse to increase taxes, who has used it for its budget speech, when the budget is held on accounts upto August and not September when this crisis started.
PN please notice that you can fool some of the people all of the time, but you cannot fool all of the people all of the time!
There are lies, damned lies, statistics and then you have political hype.
saha!
Or would Smart City be ready by then having all the latest technology?
For the readers (those who forget quite easily) please note the long years it took for the Delimara power station to be built and also the Mater Dei 'state of the art' hospital.
Apart from the time factor try to remember how much they REALLY cost us!
Would this be another futile exercise in a diversive speculation?
Only time shall tell!
Current crisis are already with us, or haven`t you noticed.