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The Caribbean Islands Set Sail for Rebuild

Posted on Feb 21, 2018

Hurricanes cause an extreme amount of damage that costs millions of dollars to rebuild the homes destroyed in the process. Irma and Maria were the two most disastrous hurricanes to ever hit the British Virgin Islands, US Virgin Islands, Puerto Rico, Arguilla, Barbudo, St. Barths, and Saint Maarten in September of last year.

Many people were devastated by the tragedy are still struggling to return to their everyday island lives. International relief funds are providing funds to assist in the rebuilding of the islands affected by the hurricanes. Charities in the Eastern Caribbean have come together and donated $125,000 to help aid the victims and their needs. Military operations have provided immediate shelter for local residents who were devastated by the hurricanes.

Although the islands have been working steadily to rebuild and made progress, there’s still a tremendous amount of work that needs to be finished. NYC Eastern Caribbean Relief is still aiming to reach their goal of $5,000,000 to donate to the islands. Residents of these islands are in need water, food, shelter, and medical care.

Yachts are of high priority in the Caribbean. People depend on them to bring in food and offer international vacations for tourists that bring in money for the local residents. Yachts have had to change their course of action after the storms took effect. The yachts stay away from their usual spots during the hurricane season. Marinas are receiving donations from the IGY Marinas and Island Capital Group, under CEO Andrew Farkas also of C-III Capital Partners. These corporations have raised funds since the disaster hit six months ago. The Caribbean islands are still in need of rebuilding their islands and are seeking more investors to raise funds to account for the cost of the reconstruction. The marinas have survived the storms and the local residents are optimistic that they will have a bright future for the islands to succeed.