News that Saba will execute a short-term plan to boost its tourism is interesting. The need to do so becomes obvious when looking at recent developments mentioned in the story.
Despite a lack of reliable figures it’s clear that key indicators are down. The smallest territory of the Caribbean Netherlands has been doing fairly well in terms of public finances and administration, but the economy is another matter.
Today’s paper also reports that the public entity’s gross domestic product (GDP) grew by only 1.8 per cent in 2014 compared to Bonaire’s 4.1 per cent, although it’s still better than Statia’s decline of 4.4 per cent.
But that’s almost two years ago and St. Eustatius has an oil transhipment terminal, while Saba depends almost solely on visitors for its livelihood. Taking action before things get worse for the latter island is therefore a logical approach.
Targeting the yacht industry seems an obvious choice, especially as there are usually already plenty of them around. Mention was made of the potential market in St. Maarten and St. Barths, where some might even see the prospect of improved facilities and more professional maritime operations in Saba as competition.
However, if one does the math it’s doubtful the two existing successful yachting destinations will feel much of an impact regarding their numbers. In addition, the hub function of Princess Juliana International Airport SXM could be strengthened, as could Winair’s role of regional carrier.
Not only that, but the intention is to involve Port St. Maarten in the upgrading of Fort Bay Harbour and its personnel. Certainly with the Dutch Government’s backing, these initiatives are likely to create a win-win situation for all involved.
