Gov’t Optimistic About Economic Gains from Nikki Beach Venture
Government officials foresee a substantial economic uplift for the country when the planned Nikki Beach luxury resort in Barbuda becomes operational.
The resort will boast of an innovative beach club design and is set to be constructed in St. Mary’s South under the guidance of economic envoy Ambassador Calvin Ayre, with construction expected to begin in roughly a year.
Information Minister Melford Nicholas believes that the resort will fit in well with the expanding tourism sector and generate significant revenue.
The idea for the resort came about due to the acquisition of Jolly Beach’s property, with ten acres of land being allocated for the development of Nikki Beach.
According to Nicholas, the resort will be an important addition to Antigua and Barbuda’s tourism product, providing new employment opportunities for those in the area and increasing revenues for the Inland Revenue Department.
Nicholas also mentioned that the government is eager to welcome investors such as Calvin Ayre, who want to do business in the country.
He emphasized that tourism will continue to be the mainstay of the economy, even as they try to diversify the economy in other ways.
During the construction phase, there will be opportunities for employment, supply of construction materials, and use of heavy-duty equipment.
The potential economic benefits of Nikki Beach are significant, and it stands out as a unique beach club idea that combines music, cuisine, entertainment, style, and atmosphere into a cohesive whole.
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