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Business in Malaga at a Glance

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With a 4.5% GDP growth rate in 2018, Malaga continues to lead economic development in Andalucia. Seville with 24.2% of the total GDP in the region & Malaga with 20.6%, represent almost half of the economic activity in Andalucia, as reported by “Instituto de Estadística y Cartografía de Andalucía.”

The Malaga Mayor recently presented a new video showing the major urban development projects planned for the next decade. Watch the video to see Malaga in 2030.

Transfiere VIII, the European Meeting on Science, Technology & Innovation, brought together 4,500 participants from 40 nationalities & from 1,800 entities to promote business opportunities & the transfer of knowledge between companies, universities & research & development centers on Feb. 13-14. 250 experts led presentations, workshops & round tables on topics such as Industry 4.0, Fintech, cybersecurity & artificial intelligence.

The 3rd edition of FreakCon had more than 30,000 participants on March 9-10. This international festival for Comics, Manga, Internet-TV series, & videogames featured actor Jack Gleeson, who plays King Joffrey Baratheon on HBO´s Game of Thrones, comic artist Ramon F. Bachs, ‘youtuber’ Strip Marvel & Mayec Rancel, David Benzal & Víctor Marín from the film industry.

The Malaga Festival held its 22nd edition from March 15 to 24 with almost 149,000 spectators & participants, including 45,860 tickets being sold for the 265 different screenings – almost 8% more than in 2018. Actors such as Javier Gutiérrez, actor/director Raúl Arévalo, actresses Julia Gutiérrez Caba & Cecilia Roth & screenwriter Rafael Cobos attended this international event dedicated to Spanish films.

On March 27-28, the GreenCities forum of Urban Intelligence & Sustainability celebrated its 10th anniversary gathering more than 3,000 Spanish & international experts from the Smart City sector & representatives from 60 municipalities. Malaga´s pilot projects & companies continue to be a reference for specialized products & services for the best management of cities. This year, the UN Sustainable Development Goals, circular economy & female talent were the main topics of discussion.

Success has created a situation for the Andalucian Technological Park (PTA). Traffic delays have increased over the last few years & now steps are being taken to improve the commute. A shuttle bus from the last metro station to the PTA will be operational this month & a reversible vehicle lane will open in May. Also, the regional government will present its solution to extend the metro to the PTA later this month. The goal is to maintain a work-life balance for all employees.

Source: City of Malaga, April 2019

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