Act No. 8301 (33rd Legislature) — An Act authorizing the Division of Economic Research of the Office of Management and Budget, the Virgin Islands Department of Planning and N
ACTNO. 8301 BILL NO. 33-0137 THIRTY-THIRD LEGISLATURE OF THE VIRGIN ISLANDS Regular Session 2020 An Act authorizing the Division of Economic Research of the Office of Management and Budget, the Virgin Islands Department of Planning and Natural Resources, and the Virgin Islands Economic Development Authority to create a plan to assist the Virgin Islands in developing a sustainable blue economy within the Territory ---0--- WHEREAS, the term, blue economy, is sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health; WHEREAS, the blue economy concept has many diverse components, including, but not limited to, established ocean industries, such as fisheries, tourism, maritime transport, new and emerging activities, such as offshore renewable energy, aquaculture, seabed extractive activities, and maritime biotechnology and bio-prospecting; WHEREAS, new and innovative economic activities are needed in the Virgin Islands to encourage economic growth; WHEREAS, the blue economy concept provides social and economic benefits for current an …
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Archive identifier LF-d0761f261998