Antiguaand Barbuda’s Minister of Tourism, Economic Development, Investment and Energy, The
Honourable Asot Michael, will go after international investment, this week, as
he attends ‘Invest DR’.
The Minister will meet hundreds of top investors at
the two-day summit, which started today in the Dominican Republic.
‘Invest DR’ is considered the Greatest Investment Summit in Central America and
the Caribbean.
More than five hundred investors representing fifty
countries have descended on the island to hold talks on business opportunities
in tourism, energy, infrastructure, agribusiness, and the services and
manufacturing industry. His Excellency Danilo Medina Sánchez, The
President of the Dominican Republic, addressed delegates at the opening
ceremony.
The Minister's trip is in line with Government's
objective of attracting a significant amount of direct foreign investment
within a year's time.
Earlier today, the Economic Development and
Investment Minister announced that: “Antigua and Barbuda is open for
business. There is no question about it, investment is key to the
Government of Antigua and Barbuda’s economic plan. We have revamped
legislation and are formulating policies to make it more attractive for
businesses to operate in the country as the
focus is on securing more global investment.”
Those involved in the closed afternoon meeting with
Minister Michael to discuss investment strategies included heads of Government
in the Dominican Republic: Minister of Tourism, Francisco J.
García, José Del Castillo Saviñón, Minister of Industry and
Commerce, and Pelegrin Castillo Seman, the Minister of Energy and
Mining.
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