Nabas, a 4th class municipality, is noted for its hat and mat industry made of indigenous bariw leaves which abound on the hillsides and plain lowlands of the town. It is likewise a farming and fishing community with its vast lowlands and elongated strips of shoreline. While the cost of marine commodity has soared due to the proximity of Nabas to Boracay Island, the fishermen remained impoverished.
One of the most imposing presence in Nabas is PetroWind Energy Inc. 36-megawatt wind farm in Pawa. An array of gigantic wind turbines lined-up along a mountain ridge aimed to spur tourism and add livelihood in the area.
The town serves as a satellite area for the expansion of tourism from the traditional town of Malay to expand and stretch developments to Nabas. The proposed Boracay Island Development Authority (BIDA) is said to cover 4 baranggays in the town of Nabas. Construction project in Brgy. Union is a hotel owned by Marriott and San Miguel Corporation. This facility will surely be a gamechanger that can catapult the economic growth of Nabas and become the next big thing in Panay Island.
Aside from Marriott, more developments are expected in the municipality with the construction of the new terminal building of Boracay Airport in Brgy Union, and the expansion of Petrowind Windmill Farm in Brgy Pawa. San Miguel Corporation will also develop a 130-hectare property in the said area.
With all of these investments in Nabas, It is not impossible that in the near future, the town will transform from a mere fourth class municipality into a bustling and modern city in the Province of Aklan.