B’dos attracting investor interest

BRIDGETOWN, Barbados, Advocate -According to the Minister of Finance, a lot of interest is being shown in Barbados by outside investors.

Minister Christopher Sinckler stated recently that he has been taking meetings with investors that are very interested in coming into the Barbadian market.

Speaking at a press conference on the state of the local economy, the Finance Minister told of meetings that he took just last week with a business willing to invest millions in the Barbados economy in the near future.

“I met with one major business entity this morning and they indicated that they are proposing to invest $70 million in the Barbados economy over the next year to 18 months, they are ready to go. They have also indicated that they have received offers of interest in properties that they have in Barbados from investors who are prepared now to come and invest large sums of money beyond that,” Sinckler said.