Málaga, Andalusia, Spain

Economy | Distribution by sector industrial enterprises

🇪🇸 Málaga is a municipality, capital of the Province of Málaga, in the Autonomous Community of Andalusia, Spain. It is the second-most populous city of Andalusia and the sixth-largest in Spain. It lies on the Costa del Sol (Coast of the Sun) of the Mediterranean, about 100 km (62 miles) east of the Strait of Gibraltar and about 130 km (80 mi) north of Africa.

Málaga's history spans about 2,800 years, making it one of the oldest cities in Europe and one of the oldest continuously inhabited cities in the world. According to most scholars, it was founded about 770 BC by the Phoenicians as Malaka. From the 6th century BC the city was under the hegemony of Ancient Carthage, and from 218 BC, it was ruled by the Roman Republic and then empire as Malaca (Latin). After the fall of the empire and the end of Visigothic rule, it was under Islamic rule as Mālaqah for 800 years, but in 1487, the Crown of Castille gained control in the midst of the Granada War. The archaeological remains and monuments from the Phoenician, Roman, Arabic and Christian eras make the historic centre of the city an "open museum", displaying its history of nearly 3,000 years.

The most important business sectors in Málaga are tourism, construction and technology services, but other sectors such as transportation and logistics are beginning to expand. Málaga has consolidated as tech hub, with companies mainly concentrated in the Málaga TechPark (Technology Park of Andalusia). It hosts the headquarters of the region's largest bank, Unicaja, and it is the fourth-ranking city in Spain in terms of economic activity behind Madrid, Barcelona and Valencia. Regarding transportation, Málaga is served by the Málaga–Costa del Sol Airport and the Port of Málaga, whereas the city is connected to the high-speed railway network since 2007.

Economy Málaga is the fourth-ranking city in economic activity in Spain behind Madrid, Barcelona and Valencia.

The most important business sectors in Málaga are tourism, construction and technology services, but other sectors such as transportation and logistics are beginning to expand. The Andalusia Technology Park (PTA) (In Spanish, "Parque Tecnológico de Andalucía"), located in Málaga, has enjoyed significant growth since its inauguration in 1992 by the King of Spain. In 2018, this high-tech, science and industrial park employs over 16,774 workers, according to its own numbers.

In line with the city's strategic plan, the campaign "Málaga: Open for Business" is directed towards the international promotion of the city on all levels but fundamentally on a business level. The campaign places a special emphasis on new technologies as well as innovation and research in order to promote the city as a reference and focal point for many global business initiatives and projects.

Málaga is a city of commerce and tourism has been a growing source of revenue, driven by the presence of a major airport, the improvement of communications, and new infrastructure such as the AVE and the maritime station, and new cultural facilities such as the Picasso Museum, the Contemporary Art Centre and Trade Fair and Congress, which have drawn more tourists.

The city hosts the International Association of Science and Technology Parks (IASP) (Asociación Internacional de Parques Tecnológicos), and a group of IT company executives and business leaders has launched an information sector initiative, Málaga Valley e-27, which seeks to make Málaga the Silicon Valley of Europe. Málaga has had strong growth in new technology industries, mainly located in the Technological Park of Andalusia, and in the construction sector. The city is home to the largest bank in Andalusia, Unicaja, and such local companies as Mayoral, Charanga, Sando, Vera, Ubago, Isofoton, Tedial, Novasoft, Grupo Vértice and Almeida viajes, and other multinationals such as Fujitsu Spain, Pernod Ricard Spain, Accenture, Epcos, Oracle Corporation, Huawei and San Miguel. In February 2021, Google decided to install a centre of excellence in cyber-security in the city, slated for a 2023 opening. Also in 2021, Vodafone chose Málaga for the installment of a research, development and innovation centre.

Distribution by sector industrial enterprises: Energy and water 24; Chemical and mining 231; Mechanical engineering industry 833; Manufacturing 1,485; Total 2,573; Industrial activity index 771; Construction-related companies 3,143.

Image: Adobe Stock silver-john #112604305

Málaga is rated Gamma - by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Gamma level cities are cities that link smaller economic regions into the world economy.

Málaga is rated D+ by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. D+ cities are strong regional hub cities. Málaga was ranked #505 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Málaga has a population of over 571,026 people. Málaga also forms the centre of the wider Málaga Province which has a population of over 1,652,999 people. Málaga is the #367 hipster city in the world, with a hipster score of 2.0024 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Málaga is ranked #293 for startups with a score of 1.009. It is estimated there are around 9,060 businesses in Málaga.

To set up a UBI Lab for Málaga see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities Málaga has links with:

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Callington, England 🇪🇸 Melilla, Spain 🇺🇸 Mobile, USA 🇩🇪 Passau, Germany 🇨🇴 Popayán, Colombia 🇨🇴 Tunja, Colombia 🇱🇧 Tyre, Lebanon 🇲🇽 Zacatecas, Mexico
Text Atribution: Wikipedia Text under CC-BY-SA license | GaWC | GUCR | Hipster Index | Nomad | StartupBlink

Antipodal to Málaga is: 175.571,-36.722

Locations Near: Málaga -4.42903,36.7216

🇪🇸 Torremolinos -4.496,36.618 d: 13  

🇪🇸 Benalmádena -4.573,36.595 d: 19.1  

🇪🇸 Mijas -4.638,36.6 d: 23.1  

🇪🇸 Fuengirola -4.624,36.542 d: 26.5  

🇪🇸 Coín -4.75,36.667 d: 29.3  

🇪🇸 Antequera -4.563,37.019 d: 35.2  

🇪🇸 Vélez-Málaga -4.1,36.778 d: 29.9  

🇪🇸 Marbella -4.883,36.517 d: 46.5  

🇪🇸 Lucena -4.483,37.4 d: 75.6  

🇪🇸 Estepona -5.145,36.425 d: 71.9  

Antipodal to: Málaga 175.571,-36.722

🇳🇿 Auckland 174.763,-36.853 d: 19941.7  

🇳🇿 North Shore City 174.75,-36.8 d: 19941.4  

🇳🇿 Hibiscus Coast 174.698,-36.606 d: 19936.2  

🇳🇿 Hamilton 175.28,-37.788 d: 19893.7  

🇳🇿 Tauranga 176.154,-37.7 d: 19894.7  

🇳🇿 Cambridge 175.467,-37.883 d: 19885.6  

🇳🇿 Rotorua 176.25,-38.133 d: 19847.1  

🇳🇿 Whangārei 174.326,-35.725 d: 19857.8  

🇳🇿 Taupō 176.072,-38.687 d: 19792.1  

🇳🇿 Stratford 174.283,-39.333 d: 19703.5  

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