Gov’t Signs MOU With Global Ports

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Even as it finalises its agreement the government has signed aMemorandum of Understanding with the company which is to take over management of the cruise port.

The MOU sees Global Ports Inc. providing US$100 million towards the building of a new pier to accommodate the OASIS Class ships.

Under the MOU the company will also build shops and other amenities along the shoreline, and improve the Heritage Quay shopping experience by infusing the area with a new look.

According to the government, negotiations are continuing with a team led by the most senior minister, other officials from the Ministry of Tourism, and a team of lawyers from the Ministry of Legal Affairs.

2 COMMENTS

  1. The most important element that needs to be included in the contract is requiring this company to make substantial reinvestment in the port and shops. Maintenance is critically important, so that it doesn’t look like crap 5 years later.

    Anyways, I support the government making this agreement, as long as PM negotiates hard and gets us the best deal.

    Can we require this company to build a small port in Barbuda as a part of the deal?

  2. When has this government ever signed a contract that benefited the people of A&B? Somebody please confiscate all writing implements from these fools and save us from another bad deal.

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