The document outlines Aruba's National Integrated Strategic Plan to promote sustainable economic growth through diversification. It discusses input from community voices calling for diversification into high-value industries and innovation. Four commissions were formed to focus on socio-economic structures, becoming a nation of innovation, developing an international financial center, and sustainable tourism. The plan proposes promoting capital-intensive and technology-driven industries, increasing workforce efficiency, and developing new industries that complement tourism. Examples of business opportunities include an international business center, sustainable food projects, and retail solar/wind energy. Key elements for growth include education, regulations, innovation, efficiency, investment, and infrastructure. The private sector is identified as the driver of innovation and growth.

1. National Integrated Strategic Plan Action Symposium Consolidating the developmentof the Aruban economy November 25th, 2009 Edward Erasmus

2. Content Starting point: voices of the community Commissions: aspiration quotes & design process Focus of strategic economic growth Examples of business opportunities Roles and actions Key elements for sustainable economic growth

4. Sustainable, high value, responsible and balanced tourism;

5. Improved flexibility, efficiency, productivity and equity of markets and economy;

6. Opportunities for new business ventures both within and outside existing industries;

8. Nation of Innovation

9. International Financial Center (IFC)

10. Sustainable TourismShared goal: to focus on agendas and opportunities to promote sustainable economic growth and diversification…

11. The Sustainability Challenge….

12. Some aspiration quotes for 2025 “Increased quality of life based on a balance in the socio-economic sustainability...” “Smart people + smart ideas = nation of innovation” “The financial sector has become the 2nd largest GDP driver of Aruba…” “Un Aruba Dushi Pa Bibata un Aruba Dushi pa Bishita”

14. Quality of life

15. Spatial planning

16. Financial sustainability

17. Innovative economic environment

18. High-developed human capital

19. Sustainable technology & ICT

20. Sustainable society

21. New economic pillar

22. Advanced infrastructure

23. Highly educated people

24. Excellent int’l network

25. Create vision sustainable tourism

26. Tourism environment

27. Quality physical infrastructure

28. Enriched visitor experience

29. Travel facilities

31. Developing a nation of innovation = Smart people + Smart ideas

32. Enabling the international financial center

33. Sustainable tourism developmentStrategies Increased quality of life High productivity Innovation-friendly environment Aruba in 2025 High-end tourism destination Well-developed new economic pillars Sustainable society (synergy & ‘win win’)

34. Focus of Strategic Economic Growth Promoting capital-intensive and technology-driven activities. Increase efficiency in the labor force and develop/ attract highly skilled workers in such sectors as services, transshipment and/or assembly of high-value, time sensitive goods. New industries should be in harmony with the tourist industry where the quality of the environment and the attractiveness of the island will attract both tourists and visitors to combine business and relaxation when visiting Aruba.

35. Examples of business opportunities ARUBA INTERNATIONAL BUSINESS CENTER A showcase and commercial center to attract internationally renowned companies to display their products to visitors and business contacts in the region. Attracting investors to make use of our financially and fiscally attractive regimes combined with a stable and well functioning legal system and market-oriented regulations SUSTAINABLE FOOD SUPPLY PROJECTS Agriculture & Aquaculture

36. Examples of business opportunities RETAIL SOLAR AND WIND ENERGY Provision of domestic solar and wind energy solutions LEARNING, RESEARCH & DEVELOPMENT FACILITIES Multi-functional institutions providing high quality and demand-driven learning, research and development programs to the benefit of the community

37. Roles and Actions Government: Designs and implements policies and regulations to support business development. Promotes dialogue between key stakeholders. Executes awareness campaigns and programs. Helps create the required resources to support economic growth (human capital, infrastructure, access to technology, etc.)

38. Roles and Actions Private sector: Driver for innovation. Acts as engine of growth, harnessing opportunity to develop product, service and process innovations as well as new industries to fuel economic advancement. Provides quality services and activities to further enhance the tourism experience

39. Roles and Actions NGO’s/Society as a whole: Monitor the vision. Encourage entrepreneurial development. Test plans and projects for sustainability. Can partake in developing and managing economic opportunities.

40. Key elements for sustainable economic growth Highly educated workforce Spatial planning Regulations Innovative mindset Efficient & non-bureaucratic government Foreign Investment Platform Awareness programs Incentives Adequate social safety net Sustainable economic growth Improved infrastructure High level of productivity Focus on quality tourism (curbed hotel rooms) Technological know-how Marketableglobal brand Healthy community Safe and secure environment Excellent international networks/relations Tax treaties and TIEA

41. “The real source of wealth and capital in this new era is not material things… it is the human mind, the human spirit, the human imagination, and our faith in the future.” - Steve Forbes

44. Entrepreneurs and the business community are the key drivers of innovation and progress.