BVI News

BVIPA sees 37% boost in revenue this year

The Port Purcell Cargo Facility on Tortola. (Photo credit: Andre ‘Shadow’ Dawson/BVI News

The BVI Port Authority has seen a nearly 40 per cent revenue boost in 2019.

This is according to the 2020 Standing Finance Committee (SFC) Report, which states that revenue collected from January to October 2019 was $15,419,787, compared to 2018, which saw $9,412,852 for the same period.

“This represents an approximate increase of 39 percent in revenue collection,” the report indicated.

Acting Managing Director, the Ports Authority Oleanvine Maynard said the organisation still continues to perform well.

She stated: “Even after the devastating damages received to all of its facilities inclusive of its administration building in the 2017 hurricanes, just over two years later some significant milestones have been made.”

Maynard pointed to the restoration of the Cyril B Romney Tortola Pier Park and the Road Town Ferry Terminal as prime examples.

In the meantime, the SFC report said smart strategies would be utilised throughout the organisation in the new year.

This will be done to ensure that the BVIPA meets its goal of providing efficient, customer-friendly, quality service to both internal and external customers while implementing the various services to meet the needs of all its clients and customers starting January 1, 2020.

Share the news

Copyright 2024 BVI News, Media Expressions Limited. All Rights Reserved. This material may not be published, broadcast, rewritten or distributed.

13 Comments

Disclaimer: BVI News and its affiliated companies are not responsible for the content of comments posted or for anything arising out of use of the comments below or other interaction among the users.

  1. JDM for life says:

    The same Japan cars people against is one of the reason for the increase in revenue at the Port. See how life is?

    • More says:

      More BVI math. Turn reality upside down to make things look wonderful when in reality things are dying. What was the port revenue pre-Irma? You compare to last year when nobody came? How does the revenue compare to what was projected for building the pier park. You are all sooooo stupid.

      Like 2
      Dislike 1
  2. Broke and in need. says:

    Dear Mr. Premire: Will your civil servants receive their increments soon?

    Like 6
    Dislike 5
    • @Broke and in need says:

      Go ask the Governor. This is what he should be looking into rather than trying to be a politician and trying to undermine the government.

      Like 2
      Dislike 5
    • Taxpayer says:

      Will you use that to contribute to your pension plan, or pay the full price for Ezone subscription?

    • Question says:

      Which board member can hand deliver my resume so that I can get a job too.

      I have been looking for work forever, meanwhile those with jail records are being placed in strategic positions.

  3. school children says:

    You will get more if the board members are stopped from being manipulated by the c******l guy

  4. Scam says:

    Much of thet profit is from the new harbor fee they are charging boats to clear Customs. The problem is that they are driving away visiting boats, so it cancels out the income.

  5. TruthSeeker says:

    ….Meanwhile employee morale has plummeted to -1%…but thats beside the point.

    Like 10
    Dislike 1

Leave a Comment