World Bank driving process to link Caribbean by ferries

By Michelle Nurse On Jun 17, 2015

The World Bank is driving the process to link the entire Caribbean by ferries with the results of an initial assessment being described as promising. The Bank’s Country Director for the Caribbean Sophie Sirtaine says the findings are worth further consideration so a feasibility study will be done.

She warn, however, that establishing a Regional ferry service will initially require significant subsidies from the government.

“We are, however, trying to see if we can develop it as a public private partnership so as to minimise the impact on the fiscal situations of countries but that still requires a lot of work. At this stage, we believe it is be possible to optimise the existing ferry systems that we have, that are not co-ordinated.”