The capital city of Malaga has 8,000,000 square metres of industrial land spread out over the city’s 16 industrial estates, according to the Province of Malaga Association of Industrial and Commercial Estates and Parks (APOMA). The lack of industrial land was a serious drawback in the past for investments in Malaga. However, one in five industrial buildings have been left empty by the crisis. In general terms, this matter can be viewed positively and put forward as a key strength. Along the same lines, it is worth mentioning other especially attractive spaces for investors, like the Andalusia Technology Park (Parque Tecnológico de Andalucía). It is being enlarged with sites that can be boosted thanks to the Urban Space Initiative, which is accompanying the revitalisation of different areas with outright grants available as incentives to different companies setting up in Malaga.
The revitalisation plans for other areas, particularly the historic city centre, are favouring differentiated investment zones with direct support by the local authority. The recently presented SOHO area can be highlighted in this regard.
The network of company incubators available placed at the service of entrepreneurs throughout the city which also serve to promote the entrepreneurial spirit should likewise be singled out.
