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Statia's Economy

Statia's economy is stable and well placed to grow in the near future. With practically no unemployment and a skilled workforce, we have a infrastructure in place to ensure sustained growth.

Infrastructure:

The infrastructure is divided into electricity, water, telecommunication and roadnetwork.

Electricity:

Electricity is available but depends on the location of the property on the Island. Up to 95% is hooked-up with the network. Electricity in remote areas will require a contract with the local electricity company G.E.B.E.. The total costs will have to be paid to get electricity in that area. The current is 110-120 Volt, 60 Hertz. G.E.B.E.has a hook-up with the electricity plant of the oil terminal in case of power losses.

Water:

The Island residents get their drinking water from collecting rainwater in cisterns. Additional drinking water is supplied from wells by local entrepreneurs or from the reverse osmosis plant from the oil terminal and delivered by truck. The oil terminal has an over capacity of maximum 70.000 gallons per day. The Government has plans to invest in their own waterplant, and to install waterpipes which will be financed by development funds. A final decision on this US$. 3 million project is expected in the 3rd quarter of 1997.

Telecommunication:

In 1996 the local telecommunication company EUTEL NV expanded their excisting installation. There are plans to introduce cellular phone.

Roadnetwork:

A masterproject to pave the entire roadnetwork, thirty kilometre, over a period of 6 years goes into effect in 1997. The Islandgovernment invested already US$.700.000,- in roads in the airport area.

Transportation:

Transportation is divided in airport, airlift, port facilities and port development.

Airport:

The Franklin Delano Roosevelt Airport of Sint Eustatius has a runway of 5.265 ft (1.300 meters) and can accommondate small aircrafts and jets like Fokker 50, ATR 42,Dash 8 and cargo planes like C 130, Boeing 727 and DC 3. The airport is classified by the ICAO standards as a 3 C. Technical information: location 17.29.30 N and 62.58.32. W, airport elevation 129 ft., runway numbers 06 / 24, runway strength PCN 20/F/B/W/T, wide 30 meters, blast area 30 meters.

Per 1996 the airport has solar powered beaconlights and approach/runway lights with an independent power back-up system. In 1994 there were 3.695 landings of aircrafts and 49.461 passenger arrivals and departures by air. Due to the hurricanes Luis and Marilyn and the damage in Sint Maarten the figures of 1995 and 1996 are not representative.

Airlift:

Windward Island Airways, WINAIR, is the only scheduled carrier offering regular air service to the Island of Sint Eustatius. WINAIR operates STOL Twin Otter aircrafts with a capacity of 20 seats per flight. There are a number of scheduled flights every day. Additionally, there are several local owners of private jets and foreign companies operating chartered services to the surrounding Islands - St. Barths, St. Kitts and Nevis and Sint Maarten. There are no direct destination flight connections. All visitors to Statia must transit via Sint Maarten's Princess Juliana Airport.

Port facilities and port development:

The present port was built in 1993 and consist of an 80 meters long breakwater with a harbour- light and an 8 meters wide, 60 meters long pier with Ro-Ro accommondation of 15 meters wide. The harbour is suitable for vessels up to 600 DWT and 175 feet long but also vessels of 4.000 DWT moored along the pier as long as their depth has a maximal of 4 meters.

The present depth along the pier is 4.30 meters. The harbour has a storage capacity of 5.500 m2. A harbour development plan is awaiting approval and financing. The plan consist of expanding the present breakwater by 165 meters, dredging the depth to 5,50 meters under LWS, to extent the pier with dolphins to accommondate vessels of 100 meters long and to establish an extra breakwater to the North of the harbour which allows the inner water to be calm in order to accommondate max. 60 yachts. A second option is to establish an 850 meters long breakwater in front of the bay but this project is extremely expensive.

At present all cruise ships anchor out and use tenders to bring their cruise passengers to shore. Cruise ships have the possibility of bunkering high quality fuel oil from the local oil terminal.

Statia Terminals NV, an independent oil storage and bunkerstation is located on the North West side of the Island. Bunkering is provided with barges. The majority of the storage installations are build in a small valley and are not visible when on the Island itself. Experienced chandler agencies provide full service.

Land development:

The Government does not sell land, only long lease for properties used for business purpose. Before approval by the Executive Council a study is carried out on the area that is to developed and if it is according to the Zoning Ordinance and the Hindrance Ordinance of the Island Territory. There is approximately 30.000 m2 beach property available for tourism development on long lease terms at the historical Lower Town area. Depending the total investment, employment and contribution to the total community the long lease charges are negotiable.

A scoping study on beach erosion including stabilization measures in the Lower Town area was finalized in June 1996. The report is available to investors in this area.

Tourism policy:

In 1994 a "Tourism Policy Sint Eustatius 1995-1997" was approved by the Executive Council. The Government recognizes the importance of tourism for the Island economy as well as the welfare and well being of the population.

The development is based on a carefully planned policy. Important is to minimize disruptive ethnic, sociocultural and environmental effects associated with tourism development. The Government shall stimulate and forster ownership and management by Statians but welcomes also foreign investment. She will provide all information necessary to investors timely and will support any investment incentive applicable such as tax-holidays.

All legislation to preserve nature and historical buildings are in place, the Historical Core Plan, Statia Marine Park, Botanical Garden, protection of fauna, flora and sites of historical importance, or are in process for approval of the Executive Council and Island Council, such as the establishment of two nature parks and a Monument Ordinance.

 

     
  Government Building, Oranjestad  
     
     



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