invest industry and energy in Malaga

Industry

While the diagnosis cannot be changed in relation to the problems posed by the lack of a strong industrial sector in Malaga. Currently it is an atomized and small size sector. About the economic structure and competitive capacity, a positive reading linked to the concentration of efforts in the last five years in this direction can be done.

Today, subsectors such as the agri-food industry, information and communication technologies (ICT) or energy are progressively reaching more weight. Now to the traditional industry, we add new efforts and business specialization in other branches that can be considered emerging for our province, and that already augur favorable growth and competitive positioning results: railway, aeronautical and maritime. In any case, each of the areas that make up the industrial sector is struggling to maintain its level and expand its volume and business revenue.

The x-ray of the sector reflects elements that require a change of vision and concentration of efforts to increase the industrial business environment, its performance and competitiveness, but it is fair to highlight two issues that bring a positive character to the previous reflections.

The first, related to the skills of the workforce. In this area, Spain is above the European average, and is characterized by having workers with high qualifications and even overqualification. Until a few years ago, the relocation of production linked to salary costs reducions had been imposed, but the overall fall in costs favors companies to produce again in Spain.

Improved conditions and a framework that promote investment are still needed, our country has been able to continue to attract emerging economies such as Brazil, Mexico, India and China, attracted by infrastructure, technology level and structural reforms. Definitely, initiatives born of public-private collaboration to attract investments are supporting the achievement of objectives.

The Active Population Survey (EPA) reveals that we reached 44,100 employed in the first quarter of 2019 compared to 35,500 in the first quarter of 2018.

Industrial employment grew by 24.22% in a year in Malaga with 8,600 more workers, but only employs 6.1% of the total employees of the province. In percentage, it is the fifth province with the least percentage of the occupied population is dedicated to the industrial sector.

The recovery of industrial employment in Malaga necessarily passes, through the auxiliary industry, not only of construction but of other industries: metal structures, mechanical and electronic components, elevators, etc. that are growing sectors that are growing because companies are investing in equipment goods, both new and old.

The industrial sector has always demonstrated the benefits it brings to the generation of wealth, employment and well-being in society, and the nations and territories with the greatest industrial weight in their GDP have faced the crisis with greater strength, as the industry has resisted better than other sectors. In this sense, employment in the industry is often of higher quality than in other sectors.

Industry Pact

On 30 January 2017, the Government of the Andalusian Workers, Unión General de Trabajadores de Andalucía (UGT), Comisiones Obreras de Andalucía y la Confederación de Empresarios de Andalucia (CEA) signed the Andalusian Pact for Industry, the first link in a chain to promote the industrialization of Andalusia that not only seeks to increase the specific weight of the sector in regional GDP, but also to involve the whole of the public in this great objective. This strategy envisages the mobilization of 8 billion euros in the community through new financial instruments and incentives for industrial development and R&D.

The objective of this agreement is to promote the industrialization of Andalucia, so that this sector goes from assuming in GDP, approximately 12% today to 18% by 2020.