Prime Minister the Hon. Gaston Browne has defended his government’s record on foreign direct investment and tourism outlining that his government has welcomed fair and beneficial foreign investments.
“Several of the investments, including the new Royalton Hotel, Hodges Bay Club, Hammock Cove, Canada Place, The Barbuda Ocean Club, among others, are obvious not only in their presence, but also in the beauty of their architecture,” Prime Minister Browne said.
He also pointed out that over US$150 million has been spent on the YIDA project thus far and a further US$50 million to US$100 million will be spent in 2020.
“In tourism, we enjoyed 13% growth in arrivals in 2019. In 2019, we received a record breaking 309,000 stayover visitors for the year compared, to 268,000 in 2018. And, that was not the only breakthrough that we recorded. In 2019, we oversaw the addition of 500 new hotel rooms, bringing our nation’s room stock to over 3,500 rooms for the first time in our history,” Prime Minister pointed out.
The country’s leader stated that the successes did not happened accidentally, outlining that it was achieved by careful planning, imaginative marketing and strategic implementation.
All of it was achieved by careful planning, imaginative marketing and strategic implementation.
“In the hands of bad policy makers and careless government, our tourism industry and our economy, would not have so impressively improved and expanded. It would have declined and decayed, as happened between 2009 and 2014, when our economy contracted by 25 percent, putting thousands out of work and impoverishing our people,” said Prime Minister Browne.
The country’s leader concluded by making a promise that the days of bad governance are over and will not be allowed to return under his administration.
“The irony is, these so-called “experts,” who wrecked our economy and our people’s lives, are now seeking to cast themselves, deceptively, as our saviors. We are determined that their days remain in the past; never to be repeated.”