CABINET NOTES: The Cabinet invited Antigua and Barbuda’s Ambassador to Lebanon to speak to his proposed investment at Willoughby Bay.
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He estimates that on the real estate that will likely be assigned he can build ninety (90) villas for sale to potential CIP applicants.
His model is very much the same as that employed by several successful investors and he has shown a capacity to deliver on his promises in the past.
Willoughby was conceived as an area that could be developed in the post-Covid period that would strengthen the economic recovery of Antigua and Barbuda after the economic decline suffered during Covid.
That ambition is beginning to take root with this investment that will generate more than $100,000,000.00 worth of economic activity.
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