{"id":214119,"date":"2024-10-17T07:59:28","date_gmt":"2024-10-17T11:59:28","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=214119"},"modified":"2024-10-17T08:22:43","modified_gmt":"2024-10-17T12:22:43","slug":"investments-in-pensioners-beach-willoughby-bay-callalloo-quay-and-halcyon-heights-are-being-set-aside-for-investment-by-antiguans-and-barbudans","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/investments-in-pensioners-beach-willoughby-bay-callalloo-quay-and-halcyon-heights-are-being-set-aside-for-investment-by-antiguans-and-barbudans\/","title":{"rendered":"Parts of Pensioners\u2019 Beach, Willoughby Bay, Callalloo Quay and Halcyon Heights are being set aside for investment by Antiguans and Barbudans"},"content":{"rendered":"
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CABINET NOTES: The Cabinet held a discussion about\u00a0enhancing\u00a0domestic ownership in the Tourism sector.\u00a0<\/p>

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While foreign direct investment (FDI) is highly-prized and sought-after, the Cabinet is of the view that citizens of Antigua and Barbuda should not be left out of the lucrative hotel sector, while they merely keep their savings in the bank collecting 2% interest. <\/p>\n\n\n\n

The returns on investment from the tourism\/hospitality sector\u00a0are\u00a0usually very profitable. <\/p>

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More and more nationals of Antigua and Barbuda, the Cabinet agreed, are to be encouraged to invest in the construction of luxury homes and condominiums that earn a high return annually.<\/p>

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Investments in Pensioners\u2019 Beach, Willoughby Bay, Callalloo Quay and Halcyon Heights are being set aside for investment by the nationals of Antigua and Barbuda who are prepared to invest their capital.<\/p>\n\n\n\n

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CABINET NOTES: The Cabinet held a discussion about\u00a0enhancing\u00a0domestic ownership in the Tourism sector.\u00a0 While foreign direct investment (FDI) is highly-prized and sought-after, the Cabinet is of the view that citizens of Antigua and Barbuda should not be left out of the lucrative hotel sector, while they merely keep their savings in the bank collecting 2% […]<\/p>\n","protected":false},"author":3,"featured_media":210729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-214119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nParts of Pensioners\u2019 Beach, Willoughby Bay, Callalloo Quay and Halcyon Heights are being set aside for investment by Antiguans and Barbudans - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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