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St John’s development coming closer?

Much speculation surrounds the progress of the much anticipated, much needed but often doubted port development projects in Antigua.

It has become a hot topic in maritime circles as conjecture grows about the sources and reliability of the project’s promised and extensive foreign investment. In recent months the Antiguan government has made a series of announcements and signed a few memorandums of understanding, but many of them have not materialized.

The scope of the proposed investment is significant. Figures of up to US$ 2.3 billion of potential investment have been bandied around, mainly by the US-based Kylin International Group, which presented its plans in conjunction with the Las Vegas design company Friedmutter Group in October 2014.

Kylin’s proposal includes relocating the cargo facilities at the Port of St John’s, extending the wharf at Deepwater Harbor, developing three new finger piers and dredging the harbor channel and turning basin to 60 ft to accommodate the largest cruise ships now in operation. There will also be investment in new buildings and equipment.

Read more: Antigua