There is a tendency to assume that stimulating growth and the strengthening of specific economic pillars is the sole responsibility of the government. However, as we have been recently experiencing in Curaçao, initiatives jointly undertaken by all key stakeholders are crucial to achieve the desired development and growth of an industry and/or an economic sector.
While the private sector knows best the trends and needs, the role of the public sector is to create and safeguard the right investment climate and regulatory framework for businesses to operate, grow, and attract direct investment. The collective actions of the public and private sectors will certainly lead to sustainable economic growth and progress.