Antigua and Barbuda PM seeks Saudi investment after hurricane

- Advertisement -

Antigua and Barbuda Prime Minister Gaston Browne wants Saudis to visit and invest in his hurricane-battered country saying “We are open to suggestions and would look to build halal restaurants or hotels if that’s what Muslims want or need.”

Antigua and Barbuda pre-hurricane

Browne rejected claims that the Caribbean islands are being propped up by “passports for sale” initiatives. The country’s citizenship by investment program (CIP) has pumped around $500 million into Antigua and Barbuda’s economy since 2014 and has helped pay for social security, cancer treatment and a new hospital, according to Ronald Sanders, Antigua and Barbuda’s ambassador to the US.

The PM said tourism and real estate are areas that he really wants to push to investors. He added that he had seen increased Middle East interest in real estate and tourism projects in his country which is emerging from the devastating impact of Hurricane Irma.

Source Credit: Arab News
Read full story:


- Advertisement -