BVI firm looking to duplicate success in Antigua

The content originally appeared on: Antigua News Room

CABINET NOTES: The Development Commissioner, with the permission of the Cabinet, invited a group of investors known as the BVI Investment Club, that has been in existence for 30 years, to address the executive body.

The Club began with an investment of USD$1,000 from each of its members and immediately purchased a cellphone company that was being sold.

Today, the assets of the investment club exceed USD$50 million dollars, and it pays dividends annually that exceed the amount of the initial investment amount.

The model utilized by the investment club was being shared with the Cabinet and the private sector organizations in Antigua, in the hope of duplicating its success with others.

The investment club has successfully invested in a hotel, a marina, in water desalination and storage, and land.

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