Official Launch of the Aruba Fair Trade Authority (AFTA)
On the 1st of December, Minister Geoffrey Wever, overseeing Economic Affairs, Communication, and Sustainable Development, officially inaugurated the Aruba Fair Trade Authority (AFTA) at its location in the heart of Oranjestad. AFTA is dedicated to fostering a competitive market and supporting the sustainable growth of our economy. The year 2023 marked a period of implementation, [...]
Aruba Ports Authority Unveils Ambitious Barcadera Business Park Project Set to Kick Off in 2024
Mr. Dangui Oduber, the Minister of Tourism and Public Health, and Mr. Marc Figaroa, CEO of Aruba Ports Authority N.V. (APA), unveiled the comprehensive Masterplan detailing the ongoing projects of APA for the year 2024. Minister Oduber emphasized APA’s pivotal role in the economic development of the country, particularly with initiatives like the Barcadera Business […]
Empowering the Caribbean: The 5th German-Caribbean Energy Conference
Are you passionate about advancing renewable energy solutions and boosting energy efficiency in the Caribbean? If so, mark your calendar for the 5th German-Caribbean Energy Conference, set to take place on November 7, 2023, at the Renaissance Convention Center in Oranjestad, Aruba. This one-day conference promises to be a dynamic platform for exploring innovative approaches [...]
COP17: A Successful Conference Promoting Marine Conservation in the Caribbean
Aruba had the privilege of hosting COP17, an important event under the Cartagena Convention. The Cartagena Convention is a binding international treaty dedicated to safeguarding and preserving the rich marine life of the Caribbean region. Its primary aim is to address environmental contamination in the Caribbean while fostering sustainable development and responsible natural resource management. [...]
The Potential of the Caribbean: An Untapped Investment Hub
The Caribbean, with its pristine beaches, lush landscapes, and vibrant culture, has long been a sought-after destination for tourists seeking sun and relaxation. However, beyond its status as a tropical paradise, the region holds immense untapped potential as an investment hub. From a highly educated workforce to a burgeoning renewable energy sector, a growing consumer […]
Breathing New Life into the San Nicolas District and its Surroundings
The Government of Aruba is currently working on tangible and realistic solutions for San Nicolas, specifically in the areas of social, economic, and financial well-being for the people of San Nicolas. Their aim is to reverse the downward spiraling economic trends and to set the community back on the path of growth and prosperity. “We […]
San Nicolas Revitalization Project Receives Financial Boost
In an exciting development for the city of San Nicolas, the Minister of Economic Affairs announced the allocation of 500,000 Florins to kickstart the San Nicolas Revitalization Project. This move marks the beginning of a transformative journey for San Nicolas. The primary goal of this development is attracting more visitors and residents to the city. […]
Aruba Aims to Become a Hydrogen Hub
Aruba’s government has unveiled ambitious plans to transform the former Valero oil refinery site in San Nicolas into a cutting-edge hydrogen hub. In a significant milestone, the government, in collaboration with Aruba’s utility companies WEB, Elmar, and RDA, recently signed a memorandum of understanding (MOU) with the multinational Acciona Energia, a Spanish firm renowned for […]
Aruba’s International Airport: A Gateway to Global Business Opportunities
Aruba's well-connected airport serves as a strategic gateway for businesses and investors looking to establish a presence in the region. The availability of direct flights to major cities in the US ensures easy access to one of the world's largest economies, facilitating trade and fostering economic growth. Likewise, the connectivity to Latin American cities opens [...]
Aruba’s Tax Changes in 2023: What You Need to Know
The Government of Aruba recently announced part two of the Tax Plan 2023, comprising significant changes, which include the implementation of the BBO (Turnover Tax) on import, a simplification and adjustment of import duties rates, and the continuation of the 10% investment allowance for both local and foreign investments. These measures aim to modernize the […]
