PHILIPSBURG: --- The Ministry of Tourism, Economic Affairs, Traffic and Telecommunications (TEATT) is pleased to announce progress on the highly anticipated Philipsburg Market Place project. Preparations for the resumption of construction are now underway, marking a significant step forward in this critical development for the local community and economy.
Key stakeholders, including the Royal Caribbean Group, the Ministry of Public Housing, Spatial Planning, Environment and Infrastructure (VROMI), and the Ministry of TEATT, are actively reviewing the final architectural drawings. This collaborative effort ensures that the project’s design aligns seamlessly with St. Maarten’s infrastructure requirements and operational goals.
Additionally, discussions are ongoing between the Ministries of TEATT and Finance to explore potential relief measures for current and future vendors at the Marketplace. These conversations aim to identify ways to support small business operators as part of the broader development plan.
While specific details cannot yet be shared, the Ministry underscores its firm commitment to the realization of Philipsburg Marketplace. This project represents a key initiative to stimulate local entrepreneurship, enhance visitor experiences, and revitalize the economic and cultural heart of Philipsburg.
“The Philipsburg Market Place is more than just a development project—it is an investment in the future of our people and our economy. We are diligently working with our partners to ensure that every step we take serves the best interests of the community,” said a Ministry official.
Further updates will be provided as new milestones are reached. The Ministry of TEATT thanks all stakeholders and residents for their continued patience and support as this exciting project progresses.
