Transcript OCT-Curaçao-IM-Fiona-Curiex

Kick-off training seminar
Brussels, 4-6 November 2014
Innovation for sustainable
development of Curaçao
Fiona Curie MSc
Ministry of Economic Development
Policy Advisor Economic Development & Innovation
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Program
- Curaçao
- Economic Development
- Economic Sectors
- Sustainable Development
- Innovation in Curaçao
- Opportunities for Innovation
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Curaçao
Country:
One of the 4
countries within the
Dutch Kingdom
Population:
154,004 (in 2013)
Surface: 444 sq km
EEZ: 12-200 nm
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Economic Development: GDP
Annual GDP growth
3
2.5
2
1.5
1
0.5
0
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
-0.5
-1
Year
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
GDP
0.2
0.7
0.0
2.5
2.2
-0.5
0.1
0.6
-0.1
-0.8
Central Bureau of Statistics
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Economic Development: Employment & Unemployment
Curaçao
2011
2013
Employed population
62,040
63,490
Unemployed population
6,721
9,512
Total labor force
68,763
73,005
Total Population
150,638
154,004
Participation rate
46.5%
48.4%
Unemployment
9.8%
13%
Youth Unemployment
24.7%
37.2%
Central Bureau of Statistics
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Economic Sectors: Diagnosis
Employment & Contribution to GDP in 2007
Employment
Contribution to GDP
Agriculture, Livestock and Fishery
747
0.7%
Tourism*
7594
17.2%
Financial and business sector*
9480
28.2%
Manufacturing
3563
7.4%
Oil refinery*
-
-
Construction
4157
5%
Transportation
-
-
Trade
9559
12.7%
Telecommunications
-
-
Economic Significance of Curaçao 2009
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Economic Sectors
Value Added by industry
1200
1000
800
600
400
2010
200
2011
0
2012
2013
Central Bureau of Statistics
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Sustainable Development
“Improving the quality of life of present population without compromising the ability of
future generations to satisfy their own needs”
United Nations commission on the Environment and Development (UNCED)
“First, there is the realization that economic growth alone is not enough: the economic,
social and environmental aspects of any action are interconnected. Considering only one
of these at a time leads to errors in judgment and “unsustainable” outcomes. ….. Next,
the interconnected, or interdependent, nature of sustainable development also calls for
going beyond borders – whether they be geographical or institutional – in order to coordinate strategies and make good decisions. ….. Finally, thinking about human actions
has had to undergo a temporal shift: put simply, we should consider the impact of a
given choice beyond the short term. “
Organization of Economic Cooperation and Development (OECD)
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Harnessing
ecosystems-based
services provided by
natural resources
• Waste management
• Sustainable Development
• Enabling investment
climate
• Infrastructure (incl.
Transp. &
Communication)
• Market competition
• Financial market
development
• Technological
Readiness
• Business
Sophistication
(interconnected &
efficient)
• Innovation
Environment
Competitiveness
Sustainable
Development
Social Aspects
•
•
•
•
•
Education
Labor
Welfare & Health
Equality
Safety
Macroeconomic
Stability
• Budget
• Balance of payments
• Price stability
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
The report Strategies for Sustainable Long Term Economic Development in Curaçao (Thierry
Apotheker Consulting SAS, May 2013) commissioned by the Ministry of Economic
Development, suggests the need to enhance the competitiveness of Curaçao, while
converting negative factors into opportunities. The report identifies specific growth
opportunities and proposes concrete recommendations in a short-term and medium-term
action plan to expand the economy, ensuring a healthy investment climate, an innovative,
dynamic and sustainable economy that creates jobs.
The action plan focuses on stimulating and advancing the following policies and spearhead
sectors on short term and medium term:
Policy area
Spearhead sector
Environment
Tourism
Good governance
Cultural and creative industries
Investment Climate
Financial Services
Enhancing Economic Structure
Oil refining and oil products
Social development
Logistics (Maritime, Airport Transfer)
Sustainable Education
Clean Energy
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Main Stakeholders in Innovation
Government
Private
Sector
TSI Project
Funded by
Knowledge
institutions
Implemented by
Innovation for sustainable development of Curaçao
• Main Stakeholders in Innovation: current situation
Government as accelerator
Economy
⁻ Support to Curacao Innovation & Technology Institute (CITI) to promote and facilitate
innovation
⁻ Support to Junior Achievement program in secondary education and Business Startup
program at the University
⁻ Pilot incentive Business Boost for SME’s providing business training, coaching and funds to
invest in technology with focus on innovation, technology and export
⁻ Business Census to determine scope of businesses and needs assessment
⁻ Preparing the establishment of Curaçao Development Finance Institute (CDFI) which will
provide for institutional capacity and structure to meet the current demand of sustainable
development.
⁻ Introduction of Curaçao Investment Development Foundation (CINEX)
⁻ Innovation Policy for Curaçao in development
⁻ Bureau of Intellectual Property in place.
Education
⁻ A framework policy for Science and Research has been developed.
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Main Stakeholders in Innovation: current situation
Knowledge institutions as nurseries
⁻
University of Curaçao and other higher education institutions including medical schools
Curaçao has science and research institutions in several knowledge areas:
⁻ Public health (VIC, Fundashon prevenshon, NASHKO, Fundashon Pro Bista)
⁻ Nature and Environment (CARMABI)
⁻ Archeology and Anthropology (NAAM)
⁻ Maritime (STIMACUR)
⁻ Social Economic (CBS, CBCS)
⁻ Vocational Education and Business Sector (KBB)
⁻ Legal research (Forensic Services Caribbean)
Curaçao has also worked with TNO regarding technological and innovative scientific research
⁻
Information and documentation (Libraries and National Archive)
Science and Research has to become predominant in government (separate research
departments per Ministry), education, private sector and the community. There is a need to
periodically determine strategic knowledge areas, invest and monitor execution.
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Private Sector as motor
The private sector is looking for new ways to conduct business:
•
START UP CURACAO: a platform to help Entrepreneurs on their way to success through
co-working space, learning, investor and events platforms.
Export:
•
Curaçao Ecocity Project N.V. : touristic attraction and new and improved Aloë products
produced locally)
•
Right to the door concept of online shopping and delivery by Cpost International
Sustainability:
•
Curaçao Business Council for Sustainable Development
Recycling:
•
Green Force Curaçao
ICT:
•
Curaçao Information and Communication Association (CICA)
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Opportunities for Innovation: (in development)
Sustainable
Energy &
Technology
Transnational
Education
IT & Creative
Industry
Tourism
Logistics
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Opportunities for Innovation: Examples
Curaçao Airport Holding wants to build an ECO Park to serve a knowledge
center for other upcoming ecological technologies and is attracting investors
for the Green Airport City Development which will consist of:
Seawater Air Conditioning (SWAC) It brings up cold water from the deep ocean to cool the
airport facilities. The cold seawater will be used to provide the buildings in the Airport City with
cheap and green air conditioning.
Ocean Thermal Energy Conversion (OTEC) It is a heat engine designed to transform the thermal
energy into electricity. Based on the SWAC system, cold seawater will be provided to the OTEC
plant which will convert the differences in temperature into electricity.
Waste to Energy a machine which can convert waste into biofuel and CO2. All waste of the
airport will be converted into biofuel. The CO2 is residual waste which is a key element for the
algea project that is still to be developed.
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
Green Airport City Development
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Opportunities for Innovation: Examples
 Caribbean Marine Biological Institute (CARMABI) the largest field station in the
Southern Caribbean
 New Water-side building with lab facilities and dormitories
 Hosts approximately 200 scientist for research purposes and students of
Universities (Netherlands, Surinam and US) for courses related to coral reef
ecology per year
 Publishes scientific publications
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
• Opportunities for Innovation: ICT
– Curaçao has a highly competitive telecommunications market with a number 1
position in download speeds throughout Latin-America and the Caribbean
– The presence of the AMS-IX Caribbean on the island offers exchange points and
direct peering opportunities for ISP’s, telecommunication carriers, content
providers, web-hosters and the other service providers (Google, VeriSign and
Akamai already installed delivering content locally at blazing speeds and low
latency)
– Curaçao is one of the best connected data-hubs in the region with several
redundant submarine fibre-optic cables landing on the island providing high
volume Terabits of international capacity
– Hosting, co-location and cloud services offer the most advanced and first Uptime
Institute Certified Tier-IV date center in Latin America and the Caribbean
– Cyber Emergency Response Team assists in maintaining a safe digital world
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
Opportunities for innovation are present in
Cooperation
Building on strengths
Improving competiveness
And stimulating sustainability
TSI Project
Funded by
Implemented by
Innovation for sustainable development of Curaçao
Questions?
TSI Project
Funded by
Implemented by