ABIA Executive confirms Support is available for Local Businesses Owners.
By Abigayle McIntosh
The newly appointed Executive Director of the Antigua and Barbuda Investment Authority is assuring members of the public that the entity supports local investment and is not solely for foreign investors,
Garfield Joseph said there is equal opportunity for locals as well.
“Any registered business in Antigua can apply for incentives for business for expansion or business development”.
He said this is a business that may require materials, resources, or anything that is needed to enhance the business operations.
“They can make an application and the government will give incentives such as duty-free concessions, relief on ABST, whatever is required in order for that business to move forward”.
The new executive director also pointed out that the investment property initiative is also still available for locals.
“Someone who wishes to invest in whatever area and may require concessions or anything, those incentives are available to locals as well. You do not have to be an expat or the United States,” Joseph said
This story was first published by Antigua News on : antigua.news/2023/10/04/abia-executive-confirms-support-is-available-for-local-businesses-owners. © 2023 Antigua News. Republication without permission is not allowed.
About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Antigua and Barbuda
View section
Grenada Follows Antigua and Barbuda in Recruiting Healthcare Workers from Ghana
Sixty Ghanaian healthcare professionals arrive in Grenada for an expected two-year assignment to support health services.
By Shermain Bique-Charles
Minister Johnson Champions Education and Entrepreneurship as Pathways to Lasting Economic Independence
Speaking at a regional forum in Panama, Minister Kiz Johnson highlighted education, childcare support and business financing as pathways to lasting economic independence
By Shermain Bique-Charles
Popcaan to Return to Antigua After 13 Years for One Nation Festival
The Jamaican dancehall star is the first headliner announced for the January 9, 2027 festival at the Antigua Recreation Grounds.
By Shermain Bique-Charles
CDB Approves US$56.2 Million Loan for Education Upgrades in Antigua and Barbuda
Four schools will be expanded and rehabilitated under a project supporting resilient classrooms, mathematics instruction and teacher training.
By Shermain Bique-Charles
Comments
Be the first to comment.