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Antigua & Barbuda Massive New Real Estate Resort Project

September 2, 2014 by RC Staff

According to the Taipei Times, the island of Antigua is about to realize a $1B investment from a group of Chinese investors.  They propose the development of an expansive resort project which will include multiple luxury hotels, a huge casino facility, horse-racing, golf course, marinas, hundreds of private residences, and even a hospital. The ambitious project will likely be the largest and most significant within the entire Caribbean Basin.

The immense project should propel Antigua onto an extraordinarily positive economic course. Prime Minister Gaston Browne has already signed off on a preliminary agreement. The government anticipates the creation of 1,000 new jobs for the island in addition to the long-term GDP impact.

Filed Under: Antigua & Barbuda, Developments, Investment News

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