Yearly Archives
Citizenship by Investment Programme The CIP was developed to encourage foreign direct investment into Antigua and Barbuda following the global financial crash in 2008. The crash caused a decline in the country’s tourism industry, and saw its GDP recede. With…
What would you say is the main purpose of the CIP? The CIP was developed in order to provide an incentive for the return of foreign direct investment to the country. In doing this, we target investment for specific industries….
Antigua & Barbuda was not immune to the international crisis, but it seems the country is back on the right track. The government is working to make AB the preferred investment and tourism destination in the region, which is having…
Antigua and Barbuda’s engine for growth Tourism is by a distance Antigua and Barbuda’s largest industry. It accounts for 60% of GDP and 40% of investment into the country. Visitors come by air and by sea to its paradisaical beaches,…
How would you define the collaboration that exists between the public and private sector in order to increase awareness of Antigua as a tourist destination? The cooperation is pretty good. The private sector is very much involved in the governance…
How would you define the Chamber’s role? One of the objectives of the Chamber is to advocate on behalf of the private sector. Our aim is to create a conducive environment for the private sector to conduct business within Antigua…
Could you tell us about how the situation was when you came into office? What have been your priorities and what were the main challenges to tackle? When we came into office in 2014, we met a crumbling infrastructure and…
What can you tell us about your strategy for the development of the tourism sector and what are the main challenges that still remain? There are three main objectives that I have set for myself as Minister for Tourism: new…
What strategies were put in place to make your nation resilient and to set it on a sound economic development path when you took office two years ago? We inherited an economy that was severely damaged. That was partly due…
Falmouth Harbour Marina is Antigua and Barbuda’s only designated megayacht marina, and is owned entirely by indigenous Antiguans. It began operations in 1997. Their custom built dock allows for big berths with a deep draft, meaning it is perfect for…
