Antigua and Barbuda’s Tourism Minister has praised Global Ports Holding (GPH) for what he described as a transformative investment in the country’s cruise industry.
Charles Fernandez told ABS News that the international operator will have invested around US $100 million in the twin-island nation by the end of its investment cycle — a partnership he said reflects GPH’s commitment even in challenging times.
“Having a partner that steps up when things are tough shows they are a true friend to Antigua and Barbuda,” the minister said.
Under a 30-year concession signed in 2019, GPH took over the operation of St John’s cruise terminal facilities. The agreement includes financing a fifth cruise berth capable of handling the world’s largest Oasis-class vessels.
Much of the investment is tied to the Upland Development Project, which will deliver 50,000 square feet of retail and food outlets leased to local entrepreneurs.
The deal also sets aside US $5 million in funds for Antiguans to launch or expand small businesses within the tourism sector. In addition, the Heritage Mall shopping complex is set for an upgrade.
Officials say the partnership secures Antigua’s place as a competitive cruise destination, giving it the capacity to host larger ships and enhancing the visitor experience.
The government sees the initiative as part of a wider effort to stimulate tourism-driven growth while ensuring more opportunities for locals.
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