The
Honourable Asot A. Michael on Friday, 17th October, 2014, met with
the High Commissioner of India, His Excellency V. Mahalingam to discuss a
number of Investment opportunities.
The
High Commissioner and the Minister discussed the possibilities of attracting a
number of investments from India; amongst them are the possibilities of
engaging the TAJ Group of Hotels and the ITC Company to construct various five
star hotels on the island.
Other
notable areas that were discussed are;
-
Development and technical assistance in Wind and Solar Power in Antiguaand Barbuda
Information
Technology Development to support the expansion of Information Technology
Enabled Services / Business Process Outsourcing.
-
To attract upscale call centers within the Free Trade Zone
- Development
of a Light Manufacturing Industry to focus primarily on the manufacturing of
circuit boards, cell phones, semi-conductors, motherboards, as well as
other computer hardware parts.
Minister
Michael welcomed the investment opportunities to be had, and looks forward to
strengthening the ties between India and Antigua and Barbuda.
Since
coming to office the Minister has been working feverously to attract foreign
direct investment into Antigua and Barbuda.
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