€3.5–€5Million European Investment Targeted Following Cabinet Approval in Antigua and Barbuda
A significant European-backed investment is being advanced following Cabinet approval of a comprehensive concessions package supporting the development of a premium beverage production facility in Antigua and Barbuda.
The approval represents a key milestone, reflecting the Government’s continued focus on attracting high-quality foreign investment and supporting sustainable industrial development.
The project is targeting investment in the range of €3.5 million to€5million and will establish a state-of-the-art production facility focused on premium still and sparkling water, alongside a range
of beverage mixers designed for both the regional hospitality sector and export markets.
The development is expected to generate approximately 150 direct jobs across production, administration and operations, while supporting more than 1,000 indirect roles in sectors including shipping, transport, logistics and port services.
The approved concessions provide a strong foundation for the development, reinforcing Antigua and Barbuda’s position as a competitive and attractive destination for strategic investment.
The next phase will include infrastructure development, equipment procurement and operational planning. Initial distribution will target Antigua’s high-end tourism sector, with expansion planned across the Caribbean and into international markets.
This development represents a meaningful step in strengthening the country’s manufacturing base and advancing local production within the regional beverage sector.
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150 jobs at a bottling plant?
Are we no want that no more Gaston, to be only a working hand for foreign wealth extraction experimental projects, if a foreign company invest in menial jobs like bottle plant the tax concessions will outweigh the wages paid to the citizens who will be the one paying taxes and the investor pays none, but bribes and shares in the company for Gaston and family and ministers.
The UPP always push local entrepreneurship, are we can work for our self, you Gaston will only give your son heads up on investment to make monies, not the ordinary people. Voting out Gaston and ALP.
Couple of questions: What concessions are given to this company,are they competing against local entrepreneurs: Is this another election gimmick; tired of those; Antigua cannot support industrial development as the price of energy is too high;let’s see what concessions are being offered
I do remember two similar projects had come to the table once already. One was that a German investment company was going to start a beer company with bottling of can soda as well at the old Wadadli Beer Complex in Parham. But of course our greedy politicians killed this deal. it was submitted by Sir Lester and yes his political son from St. Peter said if he is not getting a cut it will not materialize. And so he did. And the Germans left.
Them came Carib Beer Trinidad. And again our greedy politicians wanted too much dealing under the table and Carib Beer left.
Them I remember the government teaming up with our own Premier Beverages to start a beer company at the same complex again. I really don’t know why our money hungry politicians cannot let these things just materialize. They always want a cut.
And with legislation to be put in place against importation of these sugary drinks I wonder if the time is now right to start our own local soft drinks company.
But I urge our local homegrown juice manufacturers to take their business to the next level and invest in bottling equipment and labelling equipment and start producing pure and natural drinks for local consumptions. NO SUGAR ADDED. Position yourself now before it’s too late.
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