More
    HomeeconomyPLH Barbuda to Pump US$100M Into Economy in 2026, Employing 800 People,...

    PLH Barbuda to Pump US$100M Into Economy in 2026, Employing 800 People, PM Says

    Published on

    spot_img

    The PLH development in Barbuda is expected to inject US$100 million into the Antiguan and Barbudan economy in 2026, with 800 people will be employed on the project, Prime Minister Gaston Browne told Parliament during Thursday’s Budget 2026 presentation.

    Browne said the Barbuda project remains one of the country’s largest private-sector investments and a major driver of income and employment on the sister island. He noted that 80 percent of the 800 workers on site are Barbudans, calling it evidence that large-scale development is directly benefiting local families.

    According to the Prime Minister, PLH’s ongoing construction activity will continue to generate tens of millions of dollars in wages, contracts and procurement for local suppliers next year. He said the US$100 million economic impact underscores the scale of the project and its central role in Barbuda’s growth.

    Browne told lawmakers that PLH is also providing substantial revenue support to the Barbuda Council, contributing more than $5 million annually through local taxes and fees. He said this revenue stream is helping the Council expand services and improve its financial position.

    The Prime Minister described PLH as a cornerstone of Barbuda’s tourism and real estate expansion, noting that the development is advancing alongside other major projects, including Nikki Beach Barbuda’s residential phase scheduled to begin sales in early 2026.

    Browne said the government remains focused on ensuring that Barbuda residents continue to access employment, training and entrepreneurial opportunities tied to the new investment activity.

    Further details on Barbuda’s development outlook are expected during next week’s budget debate.

    Latest articles

    Regional MSME Matching Grants Programme Extends Window 2 Application Deadline to July 24, 2026

    Micro, Small and Medium sized Enterprises operating as value chain groups are encouraged to...

    VIDEO: Bulk Waste Collection Continues in Cassada Gardens

    Bulk Waste Collection Continues in Cassada Gardens (Photo Credit- NSWMA)The National Solid Waste Management...

    Immigration Amnesty Programme Now Processing Around 40 Applications a Day

    Antigua and Barbuda’s immigration amnesty programme is now processing about 40 applications each day,...

    Twenty Young Footballers to Represent Antigua and Barbuda on Prestigious European Development Tour

    St. John’s, Antigua – Twenty of Antigua and Barbuda’s brightest young footballers are set...

    More like this

    Regional MSME Matching Grants Programme Extends Window 2 Application Deadline to July 24, 2026

    Micro, Small and Medium sized Enterprises operating as value chain groups are encouraged to...

    VIDEO: Bulk Waste Collection Continues in Cassada Gardens

    Bulk Waste Collection Continues in Cassada Gardens (Photo Credit- NSWMA)The National Solid Waste Management...

    Immigration Amnesty Programme Now Processing Around 40 Applications a Day

    Antigua and Barbuda’s immigration amnesty programme is now processing about 40 applications each day,...