Prime Minister Gaston Browne has unveiled significant economic projections for Barbuda’s development during Parliament’s 2026 Budget presentation, highlighting the PLH project as a transformative economic catalyst. The luxury development initiative is forecast to generate approximately US$100 million in economic value for Antigua and Barbuda next year while creating employment opportunities for 800 workers.
The Prime Minister emphasized that PLH represents one of the nation’s most substantial private-sector investments, serving as a primary engine for income generation and job creation on the island. Notably, local employment has reached exceptional levels with 80% of the project’s workforce comprising Barbudan residents—demonstrating how large-scale development directly benefits indigenous communities.
Beyond immediate employment, the construction activities are projected to generate tens of millions in wages, contractual agreements, and procurement opportunities for local suppliers throughout 2026. This substantial economic injection underscores the project’s massive scale and its pivotal role in Barbuda’s broader economic expansion.
Additionally, PLH is providing robust fiscal support to the Barbuda Council through tax revenues and fees exceeding $5 million annually. This steady revenue stream enables the Council to enhance public services and strengthen its financial sustainability.
Positioned as a cornerstone of Barbuda’s tourism and real estate sector growth, the PLH development progresses alongside other major initiatives including Nikki Beach Barbuda’s residential phase, which anticipates commencing sales in early 2026. Further details regarding Barbuda’s development trajectory are expected during the upcoming budget debate sessions.