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 Antigua and 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.