Prime Minister Gaston Browne has revealed that 90% of the proposed buyers for the Pensioners Beach land are Arab nationals. During a recent address, Browne emphasized the government’s preference for local ownership of the land, highlighting the importance of ensuring that Antiguans and Barbudans benefit from such transactions.
Browne stated that while the government is open to foreign investment, it is crucial to prioritize local interests. He assured that measures are being taken to ensure that the land is sold in a manner that benefits the local community and economy.
The Prime Minister’s comments come amid ongoing discussions about the sale of the Pensioners Beach land, which has attracted significant interest from international buyers. Browne reiterated the government’s commitment to transparency and fairness in the sale process, ensuring that the interests of the local population are safeguarded.