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BUSINESS TODAY 02 May 2019

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02.05.19 6 INNOVATION THE government is commit- ted to expanding local video gaming sector from a paltry 0.1% of the total gross do- mestic product (GDP) to 1% in 10 years' time, parliamen- tary secretary for digital in- novation Silvio Schembri has vowed. Schembri this week visited the headquarters of Exient, developers of popular games such as Angry Birds and For- mula 1. He reiterated the govern- ment's intent to shape Malta into a video game develop- ment destination. There are 15 video game companies currently operat- ing in Malta, collectively em- ploying about 200 employees. The government's commit- ment is expected to generate up to 2,500 new opportunities in this sector, Schembri said. He acknowledged that game developers need industry-led, sector-specific expertise and support to be able to grow. "Government is fully com- mitted to expanding this industry further and push Malta's name to the forefront within the global community." Schembri announced that the Cabinet had recently ap- proved Malta's eSports and Video Game Development Strategy, which will be pub- Government set to boost local video Cabinet approves Malta's eSports and Video Game Development Strategy, forecasting 2,500 jobs LIAM CARTER There are 15 video game companies currently operating in Malta, collectively employing about 200 employees; the government's commitment is expected to generate up to 2,500 new opportunities

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