“Creating an Investment Fund is one of the top priorities for the AVP-Futuro Cabinet, and last week, the draft law establishing this fund was finalized and submitted to the Raad van Advies (Council of Advice),” announced Minister Geoffrey Wever. The goal is for the Investment Fund Law to be discussed in the Parliament of Aruba before the end of 2025.
Minister Wever expressed his satisfaction with this milestone, stating that the government, in collaboration with the Department of Finance (Directie Financiën) and DWJZ, worked diligently on this law. The Investment Fund will enable the government to fulfill its commitments to invest significantly in infrastructure, revitalization of Oranjestad and San Nicolas, community renewal, education, and economic diversification.
In the first full budget of the AVP-Futuro Cabinet for 2026, a first deposit of Afl. 50 million has already been allocated to the Investment Fund. According to Minister Wever, this demonstrates the government’s dedication to turning words into action, ensuring that the people of Aruba will see tangible investments beginning in 2026.
Article 39 of the Accounting Law prescribes that a “budgetary fund” must be created through legislation. With the inclusion of an explanatory memorandum, the legal process to establish the Investment Fund has officially begun. The fund will serve as a financial management tool for the government to allocate and invest public resources each year for the benefit of Aruba’s development.
The Investment Fund will facilitate government-led projects while also boosting investor confidence in Aruba’s economy. Public investments stimulate economic activity and create the conditions for private and international investors to continue investing in various sectors.
Through the national budget approved by the Parliament of Aruba, public funds will be allocated annually to the Investment Fund. For 2026, the AVP-Futuro Government has designated Afl. 50 million to support priority projects, including:
- Upgrading neighborhoods in all districts
- Investments in education
- Urban renewal in Oranjestad and San Nicolas
- Affordable and senior housing
- Energy transition
- Redevelopment of the former refinery area
There is also the possibility of incorporating the Netherlands as a partner in managing the fund if its participation is achieved through the conversion of the COVID-19 loan repayments into contributions to the fund.
“With the swearing-in on March 28, 2025, the AVP-Futuro Cabinet has been working collectively to implement the 2025–2028 Government Program. Creating the Investment Fund is a management priority and will become a reality to ensure that public resources are reinvested annually into the development of our community,” concluded Minister Geoffrey Wever.
Photo Credits : https://diario.aw/categories/noticia/general/ley-pa-crea-fondo-di-inversion-a-bay-raad-van-advies
