Foreign direct investment (FDI) has been the cornerstone of Antigua and Barbuda’s remarkable economic growth over the past 25 years, according to Governor General Sir Rodney Williams. In his Throne Speech delivered on Thursday, Sir Rodney highlighted how sustained inflows of overseas capital have propelled the nation’s economy from US$802 million in 2000 to over US$2 billion today. He emphasized that FDI has been instrumental in driving development across key sectors, including construction, hospitality, banking, housing, and public infrastructure, laying the foundation for the country’s “solid, stable, and soaring” progress.
Government Credits Foreign Direct Investment for Antigua and Barbuda’s Rapid Economic Expansion
