Malta Protectorate the late 18th century, while Malta was still under the Knights, the Prince of Lampedusa had let the island to Salvatore Gatt, a Maltese entrepreneur, who settled on the island with a few Maltese workers. The British considered taking over Lampedusa as a naval base instead of Malta, but the idea was dropped as the island did not have deep harbours and was not well developed. Despite this, the authorities in Malta and the British government still attempted to take over the island as they believed that it could be used to supply Malta with food in case Sicily fell
Malta (island) The main island of Malta contributes significantly to the country's overall economy, which itself is classified as an advanced economy according to the International Monetary Fund (IMF). Until 1800 Malta depended on cotton, tobacco and its shipyards for exports. Once under British control, they came to depend on Malta Dockyard for support of the Royal Navy, especially during the Crimean war of 1854. Malta's economy was boosted by the opening of the Suez Canal in 1869, as there was a massive increase of civilian shipping which entered the port. Ships stopping at Malta's docks for refuelling helped the Entrepôt trade,