Monday 16 December, 2019

China invests in Antigua and Barbuda's housing programme

The People’s Republic of China has signed on to invest in education and housing programmes in Antigua and Barbuda.

An agreement signed by both governments on Monday, outlines Chinas commitment to invest US$11 million for the construction of houses through Antigua and Barbuda’s Affordable Housing Project.

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An additional US$250,000 has been allocated for the construction of a multimedia centre at the University of the West Indies Five Islands Campus.

Prime Minister Gaston Browne, said Chinas investment in housing on the island, accelerates efforts to achieve their objective of more climate resilient homes for the people of Antigua and Barbuda.

 “Normally, governments don’t give money for that type of purpose. The fact that the People’s Republic of China has carved out an opportunity for us to provide our people with affordable, free homes, it is really to their credit that they have created that type of flexibility,” he said.

Chinese Ambassador to Antigua and Barbuda, Sun Ang, said the grants are meant to aid in the islands development.

 Pro-Vice Chancellor and Principal of the University of the West Indies, Five Islands Campus, Professor Stafford Griffith, said the multimedia centre is a welcome addition to the resources available to students and teachers and will ensure that it is widely regarded as an institution of excellence.

The multimedia centre should be completed in time for the commencement of the 2020/2021 academic year.

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