- Waldorf Astoria, The first new-build resort in the Caribbean
PM Browne: “We aim to create awareness about how our economy and investment climate is safe and burgeoning.”
In recent news, Prime Minister Gaston Browne has encouraged international interest in the rapidly developing country of Antigua and Barbuda. The country is poised to welcome large brands into the economy to partner in mutually beneficial investments.
PM Browne released this statement in response to Callaloo Cay Antigua signing a new management agreement with global brand, Waldorf Astoria. The first new-build resort in the Caribbean, Waldorf Astoria Antigua, will be part of the luxury brand of iconic landmark hotels across the world.
PM Browne states: “We are constantly experiencing great growth and potential in our developing country. We are seeing more international operational interest in Antigua and we are poised to welcome new brands into our economy. We truly believe that these brands will benefit largely from our previously untapped market.”
PM Brown continued: “We have been working tirelessly for the last year to create the correct platforms for international brands to establish their foundations. We have also traveled the world to create awareness about how our economy and investment climate is safe and burgeoning.”
Antigua and Barbuda has established itself as a one of the countries to watch on the Foreign Direct Investment (FDI) map. It has also created the correct investor-friendly tools by building an international airport and forging strong global relationships with governments as well as the private sectors. These new developments will create more jobs, improve the standard of living and help the country prosper.
Antigua and Barbuda has one of the most innovative and fastest growing economies in the Caribbean. It is slowly becoming a prime location for luxury vacationers and this new development has not gone unnoticed in the international arena. The country will remain open to international investments that will be mutually beneficial to all parties.