Bora Bora, a small island in French Polynesia, is known for its picturesque beauty and crystal-clear waters. It’s a popular destination for honeymooners and travelers seeking a luxurious getaway.
However, the question remains – does Bora Bora rely on tourism? Let’s explore.
The Importance of Tourism in Bora Bora
Statistics show that tourism is the primary source of income for Bora Bora. In fact, the island relies heavily on tourism to sustain its economy. According to a report by the World Bank, tourism accounts for 85% of French Polynesia’s gross domestic product (GDP), of which Bora Bora is a significant contributor.
Tourism Industry
The tourism industry in Bora Bora offers employment opportunities to the locals. It provides jobs ranging from tour operators, hotel staff, restaurant workers to water sports instructors.
Challenges Faced by Tourism Industry
However, the pandemic has hit the tourism industry hard worldwide. The same applies to Bora Bora. Travel restrictions have impacted its economy significantly as tourists are unable to visit the island due to border closures and lockdowns.
Diversification of Economy
Bora Bora has recognized the need for diversification of its economy and has taken steps towards it. Agriculture and fisheries are among some industries that have been identified as potential areas for growth.
Agriculture Industry
The government has invested in agriculture by providing subsidies and training programs to farmers. This initiative aims to improve local production and reduce dependence on imports.
Fisheries Industry
Similarly, initiatives have been taken towards developing the fisheries industry. By improving infrastructure and fishing practices, it is expected that it will lead to an increase in fish exports.
Conclusion
Despite the efforts made towards diversification of the economy, tourism remains the backbone of Bora Bora’s economy. The pandemic has highlighted the need for a diversified economy, and it’s an ongoing process. Nonetheless, with its stunning natural beauty and unique culture, Bora Bora will continue to attract tourists worldwide and sustain its economy.
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