Marketing For The Future November 2016 | Page 10

Presentation to Mr. Eugene Rhuggenaath reputation. Besides that, the fact that these researchers have raised laboratorybred colonies of Elkhorn coral to sexual maturity for the first time ever means that Curaçao has top notch organizations in the Marine Bio-prospecting and Research sector. They essentially have an issue with the lack of government support and input. They are setting new frontiers for the world but the local government is not valuing the huge efforts and facilitating the infrastructure and other key factors that are needed. What is evident is that more capital, infrastructural and legislative support is required from the government to assist these two organizations in sustainably growing their operations. With this kind of support, marine researchers will definitely be able to perform more in-depth investigations and specimen analysis in local laboratories. An important development is that these two organizations are more than willing to establish a local university degree in 10 Marketing For The Future marine biology. This degree would not only make it easier for locals interested in the specialization, but also attract foreign students to our island, which would contribute to increased profits from tourism. Curaçao’s Marine Industrial and Services sector is on the whole the most influential of all the sectors, having a large number of businesses operating in it and securing a formidable inflow of foreign exchange. It is one of the major contributors to Curaçao’s economy and the businesses currently operating in the sector are high – level professionals. Our brand in this sector is vastly respected all across the Caribbean and the rest of the world. Amidst all of the above, this sector faces a colossal barrier in