{"id":27197,"date":"2019-04-30T22:08:01","date_gmt":"2019-05-01T02:08:01","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=27197"},"modified":"2019-04-30T22:08:01","modified_gmt":"2019-05-01T02:08:01","slug":"pm-eyes-growth-in-business-sector","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/","title":{"rendered":"PM Eyes Growth In Business Sector"},"content":{"rendered":"
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Prime Minister Gaston Browne has outlined that his administration has been doing its part in establishing a foundation for the private sector to grow and to foster a greater level of local private sector investments.<\/p>\n

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During the discussion period of the Prime Minister\u2019s Business Forum being held at the Sandals Grande Resort, Prime Minister\u00a0Gaston Browne\u00a0pointed out that his government has demonstrated its willingness to support investments enhancing \u201c our port and road infrastructure, as well as attracting high-end brands such as the Royalton to develop properties. There are also plans to improve our telecommunications infrastructure to provide more reasonable broadband services. We have also invested in our most important national asset: our people. The government has invested significantly in renovating or expanding schools and on scholarships for tertiary education for the next generation of leaders of our nation,\u201d he said.<\/p>

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The country\u2019s leader noted that Last year, Antigua and Barbuda had economic growth of 5.3%; the fastest in the entire CARICOM. \u201cLast year was also a standout year for tourism. We hosted over 1.1 million visitors, the highest ever number in a fiscal year, resulting in a 5.2% growth in the hotels sector. Other key sectors such as construction are also recording growth,\u201d he stated.<\/p>\n

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\u201cNo amount of government investment on its own can bring about the transformation mentioned earlier. It is the creative talent, imagination and entrepreneurial zeal of those among you that will unlock opportunity for yourselves and your families. You have a great environment in which to display that zeal,\u201d outlined Prime Minister Browne.<\/p>

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Prime Minister Browne also pointed out that Government actively looks for partnerships that will grow private businesses. He said that the government has invested successfully in energy and the financial sector, however, he pointed out that the government is not seeking to crowd out private investment; it does not invest in any venture that the private sector can undertake on its own, he said.<\/p>

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He concluded that all the economic instruments used have been structured to nurture domestic investment and pointed out that incentives are based on the value of the investment, and not on the nationality. \u201cThere are carve outs for local developers. Take up of some of the carve outs has been low \u2013 help us to help you,\u201d Prime Minister said.<\/p>\n<\/div>\n

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Prime Minister Gaston Browne has outlined that his administration has been doing its part in establishing a foundation for the private sector to grow and to foster a greater level of local private sector investments. 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During the discussion period of the Prime Minister\u2019s Business Forum being held at the Sandals Grande Resort, Prime Minister\u00a0Gaston Browne\u00a0pointed […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-01T02:08:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2019\/04\/forum.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"PM Eyes Growth In Business Sector\",\"datePublished\":\"2019-05-01T02:08:01+00:00\",\"dateModified\":\"2019-05-01T02:08:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/\"},\"wordCount\":386,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:960\/h:640\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2019\/04\/forum.jpg\",\"articleSection\":[\"Economy\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/\",\"url\":\"https:\/\/antiguanewsroom.com\/pm-eyes-growth-in-business-sector\/\",\"name\":\"PM Eyes Growth In Business Sector - 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