Economic outlines and opportunities for innovation
Aruba’s main economic activity is tourism. Yearly visits reached over 1.5 million tourists in 2010, either by plane or by cruise ship. On industrial levels, there is the oil refinery in San Nicolas and other small-scale industrial activities. The economy of Aruba also benefits with a free-zone trading area.
Key opportunities for innovation
The policy of the Aruban government is to increase economic activities based on environmental friendly businesses and green energy. Aruba aims to be a commercial hub between Europe, Latin America and the Caribbean. Through the recently established European House, Aruba can facilitate the connection of business communities between the emerging markets of Latin America and Europe.