{"id":172233,"date":"2023-04-14T07:54:01","date_gmt":"2023-04-14T11:54:01","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=172233"},"modified":"2023-04-14T07:54:01","modified_gmt":"2023-04-14T11:54:01","slug":"wealthy-investor-hopes-to-build-boutique-hotel-on-30-acre-beach-property-owned-by-the-crown","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/wealthy-investor-hopes-to-build-boutique-hotel-on-30-acre-beach-property-owned-by-the-crown\/","title":{"rendered":"Wealthy investor hopes to build boutique hotel on 30-acre beach property owned by the Crown"},"content":{"rendered":"
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CABINET NOTES:<\/p>

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The Cabinet held a meeting virtually with a wealthy investor who hopes to build a boutique hotel on a 30-acre beach property owned by the Crown.<\/p>\n

The Saudi Arabian Government\u2019s investment arm has shown a willingness to participate, utilizing Antigua as one of the first places in the Caribbean where the investment arm has chosen to do business.<\/p>

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The Saudi investment arm has already agreed to lend US$86 million for the expansion of the University of the West Indies (UWI) Five Islands Campus; the loan is in the final stages of consummation.<\/p>

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The Cabinet conducted a virtual meeting with six members of the Government of Saudi Arabia to include the team which seeks out investment for the Saudi Wealth Fund.<\/p>\n

The meeting was held to confirm that the Saudi fund will in fact participate in the hotel development project that is being proposed. Confirmation of such participation was achieved using the virtual platform. Several members of that Saudi fund will visit Antigua next week Friday.<\/p>

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CABINET NOTES: The Cabinet held a meeting virtually with a wealthy investor who hopes to build a boutique hotel on a 30-acre beach property owned by the Crown. The Saudi Arabian Government\u2019s investment arm has shown a willingness to participate, utilizing Antigua as one of the first places in the Caribbean where the investment arm […]<\/p>\n","protected":false},"author":3,"featured_media":15898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-172233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nWealthy investor hopes to build boutique hotel on 30-acre beach property owned by the Crown - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/wealthy-investor-hopes-to-build-boutique-hotel-on-30-acre-beach-property-owned-by-the-crown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wealthy investor hopes to build boutique hotel on 30-acre beach property owned by the Crown\" \/>\n<meta property=\"og:description\" content=\"CABINET NOTES: The Cabinet held a meeting virtually with a wealthy investor who hopes to build a boutique hotel on a 30-acre beach property owned by the Crown. 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