Malta's logistics sector offers untapped opportunities: forum organizer

The logistics sector in Malta offers significant untapped opportunities for Maltese companies as well as the Maltese economy, organizer of the Logistics Managers and Practitioners Forum said.

The first edition of the Logistics Managers and Practitioners Forum will be held in Malta on June 19, 2015.

Supported by HSBC Bank Malta, the Logistics Forum will for the first time bring together industry leaders and experts from logistics industries for a dialogue around the complexities and challenges of this sector in the country.

Forum organiser Alex Borg said the sector in Malta offers a number of significant untapped opportunities and, if harnessed professionally and fully, it will increasingly become an even greater contributor for the benefit of Maltese companies operating in this sector and to the Maltese economy.

"Fresh perspectives are needed to provide the right sense of direction at this challenging moment when other Mediterranean countries are already there... gearing up to offer what Malta can achieve: a reputable centre for a regional transportation, logistics and supply chain hub," he said.

A panel discussion featuring senior representatives from EY Malta, Express Group, Malta Freeport Corporation, HSBC Commercial Banking, and from the government will also take place.

Logistics is a part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption in order to meet customers' requirements. Endit