Business View Caribbean - Feb 2024

shopping opportunities. Emphasizing the city’s unique attributes, encouraging diverse economic activities, and improving livability are at the forefront of this initiative. Plans include the construction of apartments and residential complexes to accommodate young professionals and students, as well as relocating government departments to the heart of the city to generate more foot traffic and economic spinoffs. Private investors are also recognizing the potential of beautifying the area. The restoration of ‘Pepe Margo House’ into an artisan Rum distillery serves as a prime example of rescuing Aruban heritage while providing a unique experience for both locals and tourists. 23 BUSINESS VIEW CARIBBEAN VOLUME 11, ISSUE 02 THE DEPARTMENT OF ECONOMIC AFFAIRS, COMMERCE AND INDUSTRY OF ARUB