ACB Approves $100 Million Loan for Antigua and Barbuda’s Roadworks Project
By Cory Wayland
Antigua and Barbuda’s multi-million-dollar road rehabilitation programme has cleared a major hurdle, with the Antigua Commercial Bank (ACB) granting formal approval for a EC$100 million loan to finance the project.
Prime Minister Gaston Browne confirmed the approval over the weekend, noting that final documentation should be completed in the coming weeks.
“We got the formal approval from Antigua Commercial Bank last Thursday, so that loan is now approved and they will be completing a documentation, hopefully within a week or two,” Browne said.
The loan is designed to give the government the financial muscle to tackle widespread road repairs and upgrades across the country. To ensure repayment, a dedicated road fund has been established, with revenues generated from higher vehicle licensing fees being channeled directly toward servicing the loan.
In recent weeks, residents have already begun to see improvements in road quality, with several arteries resurfaced and upgraded as part of the ongoing works. The government has billed the initiative as critical to improving national connectivity, easing travel, and supporting economic growth.
Officials say the scale of the project makes it one of the largest infrastructure investments in recent years, with the potential to transform road safety and reliability for motorists across the twin-island nation.
This story was first published by Antigua News on : antigua.news/2025/09/01/acb-approves-100-million-loan-for-antigua-and-barbudas-roadworks-project. © 2025 Antigua News. Republication without permission is not allowed.

About the author
Cory Wayland is the Social Media Co-ordinator at Antigua.News, where he manages digital content strategy, audience engagement, and real-time news publications across social platforms. With a keen eye for trending topics and a commitment to factual storytelling, Cory plays a key role in shaping the online voice of Antigua.News.
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Comments (10)
Rika September 1, 2025, 2:47 PM
Hasani September 1, 2025, 2:47 PM
Najiiro Lewis September 1, 2025, 3:05 PM
WHO is/are the contractor(s)? Was this Project ever put to tender? Which roads will receive renovation and when?
Juju Bee September 1, 2025, 3:37 PM
Well that’s good to see we were not fully dependent on it then
Teacher for Life September 1, 2025, 4:58 PM
Najiiro Lewis September 1, 2025, 5:12 PM
Anya September 1, 2025, 8:54 PM
Franz September 1, 2025, 8:57 PM
Informed citizen September 1, 2025, 11:54 PM
Ben Simmons September 2, 2025, 11:45 AM