ST. JOHN’S, Antigua – The Financial Times has ranked Antigua and Barbuda among the top ten Caribbean and Central American Countries of the Future.
Antigua and Barbuda was one of only two OECS member countries to make the top ten, coming in sixth, with the British Virgin Islands in seventh place.
Other CARICOM member states receiving high rankings were Trinidad and Tobago and Barbados in third and fourth place respectively, and Jamaica in the tenth position. Costa Rica was ranked number one in the Caribbean and Central America.
The rankings are created by the British media group’s Foreign Direct Investment Intelligence Division as a benchmark of the investment attractiveness of countries and cities in more than 55 sectors for 350 locations around the world.
In the individual rankings, Antigua and Barbuda placed second in best infrastructure, fifth in best quality of life, sixth in best FDI strategy and eighth in best human resources.
Commenting on this development to Finance News, Investment Promotions Director at the Antigua and Barbuda Investment Authority, Fitzmaurice Christian, said the high ranking in infrastructure underscores the country’s attractiveness in business process outsourcing, which relies on a reliable telecoms infrastructure and a well trained work force.
He said the ABIA would concentrate on improving these rankings and on making the top ten in the other three assessed areas – economic potential, business friendliness and cost effectiveness.
