ST. JOHN’S: The Government of Antigua & Barbuda has signed a memorandum of agreement (MOA) for an investment project valued at over US $250 million with international film star Robert De Niro, who was also appointed a special economic envoy for the country.
During a special sitting of the Cabinet last week, Prime Minister Gaston Browne and De Niro signed the MOA, giving the green light to renovate and expand the K-Club on Barbuda into an exclusive five-star resort.
Browne expressed gratitude to De Niro, a regular visitor to the nation’s Jumby Bay resort.
“We are indeed very delighted that you will be embarking on a very exciting project on Barbuda, transforming the island, making it one of the most exciting islands in the region. Your project has increased interest in Barbuda. The project is attracting additional investors to our country. That is why I am delighted to appoint you as a special economic envoy of Antigua & Barbuda to attract more investments to our twin-island state. It is my belief that your celebrity status will attract more American celebrities to Antigua & Barbuda and the Caribbean.
“My government is very happy to be a part of this historic and significant moment. Your presence as an international celebrity is of significance and to have you as an investor and a friend of the people of Antigua & Barbuda and an economic envoy is equally significant. Today is indeed an historic day for our nation and we are very pleased to have you and your team here and we are hoping that within 30 days we can conclude the deal and construction can begin in the next 12 months providing employment to the people of Antigua & Barbuda,” he said.
The award winning actor thanked Browne and said that he is happy and excited to conduct business in Barbuda.