{"id":256521,"date":"2025-11-03T11:29:25","date_gmt":"2025-11-03T15:29:25","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=256521"},"modified":"2025-11-03T11:30:19","modified_gmt":"2025-11-03T15:30:19","slug":"government-to-partner-in-new-beer-and-distillery-ventures","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/government-to-partner-in-new-beer-and-distillery-ventures\/","title":{"rendered":"Government to Partner in New Beer and Distillery Ventures"},"content":{"rendered":"
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Browne says manufacturing and services now contribute more to GDP.<\/strong><\/p>

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Prime Minister Gaston Browne has announced plans for a new brewery and an expansion of the Antigua Distillery, supported by a recently approved loan through a public-private partnership with the government.<\/p>\n\n\n\n

Speaking on his weekly Browne and Browne<\/em> radio programme, Browne said the investment marks a significant step toward diversifying the economy and reducing reliance on tourism, which once contributed about 70 percent of GDP but now accounts for roughly 55 percent.<\/p>

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\u201cIn fact, from next year, we may have a beer factory,\u201d Browne revealed. \u201cA loan was just recently approved for the distillery\u2014a partnership between the Antigua and Barbuda government and Antigua Distillery.\u201d<\/p>

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He said the move reflects the success of ongoing efforts to broaden Antigua and Barbuda\u2019s production base. \u201cIt\u2019s not that tourism revenues have fallen\u2014they\u2019ve grown\u2014but we\u2019re doing other things. Banking is contributing more, manufacturing is contributing more, and even services like medical education and insurance are bringing in more money,\u201d Browne stated.<\/p>\n\n\n\n

According to the Prime Minister, this diversification has allowed the country to achieve record growth while maintaining fiscal surpluses and paying down debt. He said the manufacturing and service sectors are now major contributors to national output alongside tourism and the Citizenship by Investment Programme, which accounts for about 10 percent of GDP.<\/p>

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\u201cThis overall diversification is one of our greatest successes,\u201d Browne said. \u201cIt shows that the Antiguan and Barbudan economy is growing not just in size but in structure, creating new opportunities and industries for our people.\u201d<\/p>\n\n\n\n

The Prime Minister added that similar joint ventures\u2014such as those in agriculture, distilling, and financial services\u2014are being encouraged to strengthen local ownership and participation in the economy.<\/p>

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Browne says manufacturing and services now contribute more to GDP. Prime Minister Gaston Browne has announced plans for a new brewery and an expansion of the Antigua Distillery, supported by a recently approved loan through a public-private partnership with the government. Speaking on his weekly Browne and Browne radio programme, Browne said the investment marks […]<\/p>\n","protected":false},"author":3,"featured_media":256522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-256521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nGovernment to Partner in New Beer and Distillery Ventures - 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\/government-to-partner-in-new-beer-and-distillery-ventures\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government to Partner in New Beer and Distillery Ventures\" \/>\n<meta property=\"og:description\" content=\"Browne says manufacturing and services now contribute more to GDP. Prime Minister Gaston Browne has announced plans for a new brewery and an expansion of the Antigua Distillery, supported by a recently approved loan through a public-private partnership with the government. 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