The Government of Antigua and Barbuda has entered into an agreement with Global Ports Holding LLC (GPH) to invest over US$80 million dollars in the further development of the cruise tourism port in St. John’s.
The negotiations began in June 2018 and
The agreement will allow Global Ports to bring its considerable financial strength and expertise to the expansion project at the cruise port, and to eliminate a debt of US$21 million that has been serviced sparingly for more than twenty years.
Global Ports will ensure that the completion of the dredging, already underway in the St. John’s Harbour, will allow the Oasis Class Ships, capable of carrying more than 6,000 passengers and 4,000 crew, to dock at a fifth berth parallel to the Point Wharf.
It is estimated that the number of cruise ships entering the St. John’s Harbour will also
The thirty-year agreement with Global Ports will bring many benefits to the Antigua and Barbuda economy, the Minister of Tourism has asserted. The Cabinet thanked the officials who were involved in the tweaking of the agreement.