China invests in Antigua and Barbuda's housing programme
The People's Republic of China signed to invest in housing programmes and education in Antigua and Barbuda.
Thursday, 28th November 2019
The People's Republic of China signed to invest in housing programmes and education in Antigua and Barbuda.
Both the governments signed an agreement, which draws Chinas promise to invest US$ 11 million for the development of houses through Antigua and Barbuda's affordable housing project.
For the formation of a multimedia centre at the University of the West Indies Five Islands Campus a supplementary US$250,000 has been allotted.
PM Gatson Browne, said the investment in housing on the island by China stimulates attempts to accomplish their goal of more climate-resilient homes for the people of Antigua and Barbuda.
"Normally, governments don't give money for that type of purpose. The fact that the People's Republic of China has carved out an opportunity for us to provide our people with affordable, free homes, it is really to their credit that they have created that type of flexibility," he said.
"The grants are meant to aid in the islands development," said Chinese Ambassador to Antigua and Barbuda, Sun Ang.
"The multimedia centre is a welcome addition to the resources available to students and educators and will assure that it is widely regarded as an institution of superiority," said Pro-Vice-Chancellor of the University of the West Indies, Five Islands Campus Professor Stafford Griffith.
For the initiation of the 2020-2021 academic year the multimedia centre should be built in time.
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