Chamber of Commerce meeting

ST JOHN'S, Antigua -- A senior member of the Antigua and Barbuda Chamber of Commerce has said that the Baldwin Spencer administration’s Divestment Programme could encourage Antiguans and Barbudans to invest locally.

During a consultation on Friday, a delegation of executive members from the business organization were given an outline of the Divestment Programme, as well as an overview of the government’s Public Private Partnership Initiative and Public Sector Transformation Agenda, by Chief Implementation Officer in the Office of the Prime Minister, Ambassador Joan Underwood.

Underwood informed the delegation that the government had identified a number of state owned assets for divestment. She also emphasized that the divestment of these entities, “would provide significant economic benefits for the people of Antigua and Barbuda.”

Vice President of the Chamber of Commerce Errol Samuel, supported Ambassador Underwood’s assessment and said that divestment could provide citizens with the opportunity to buy shares in these entities.

“The Divestment Programme is welcomed. In principal it is good. The country is calling for people to make investments. This could provide Antiguans and Barbudans with an opportunity to invest in something they are a part of. That type of framework we can support,” he affirmed.