Confidential KPMG Report: Selibon Needs Over 40 Million Dollars Through 2028
KRALENDIJK – Selibon will need an estimated 40 million dollars by the end of 2028 to carry out its statutory duties on Bonaire in a responsible manner. This is revealed in a confidential research report by KPMG obtained by Bonaire.nu.
According to the report, Selibon’s total capital requirement for the period 2026 through 2028 amounts to approximately 40.1 million dollars. Of this, roughly 5.1 million dollars relates to necessary investments in vehicles, machinery, waste processing and public sanitation. The remaining 35 million dollars covers the operating costs required to keep the waste management chain structurally functioning.
KPMG conducted the research on behalf of the Public Entity Bonaire (OLB) as part of the administrative agreement concluded at the end of 2025 between Bonaire and the Dutch central government regarding the approach to the waste management issues surrounding Selibon and the Lagun landfill.
Years of Pressure
The researchers paint a picture of a waste management chain that has been under strain for years. Recurring fires at the landfill, deferred investments, insufficient processing capacity and a structural shortage of financial resources have, according to the report, led to the current situation.
The analysis shows that Selibon’s current revenues cover only a portion of the actual costs. KPMG concludes that the total capital requirement far exceeds the income generated through the existing tariff structure.
Extremely Sharp Tariff Increases
The report does not make any recommendation regarding the level of future rates for residents and businesses. However, KPMG warns that passing on all costs in full through the waste management levy could lead to extremely sharp rate increases in the first few years.
The analysis forms part of the broader agreements between Bonaire and the Dutch central government aimed at establishing a safe and future-proof waste management chain. Among the commitments made is the requirement that the Lagun landfill must be closed no later than the end of 2028.
Bonaire.nu will be examining various elements of the confidential report in more detail over the coming days, including the causes of the recurring fires, Selibon’s financial position, the true costs of waste processing and the potential consequences for residents, businesses and government.
