Posted on

Major development project for Barbuda


Major development project for Barbuda

Social Share

ST JOHN’S, Antigua – Barbuda is in line for a US $250 million dollar development project.

According to the Antigua Observer, Prime Minister Gaston Browne made the announcement during his Independence Day message to mark Antigua & Barbuda’s 33rd birthday today.

Browne said the luxury resort for high network tourists will be developed by a renowned American celebrity and an Australian billionaire.

“Our government pledged to treat Barbuda and Barbudans as our co-equals and we will ensure that Barbuda is developed con-currently with Antigua. This 250 million United States dollars investment project will change the economic landscape of Barbuda for the better, providing investment opportunities and hundreds of sustainable jobs for Barbudans,” Browne said.

“These and several other smaller properties will break ground in 2015, stimulating economic growth and development, thereby reversing the many years of economic misfortune.”

The project on Barbuda is among the more than three billion US dollars in investment projects approved by the government.