GLOBAL PORTS TO LIQUIDATE LOAN FOR NEVIS STREET PIER

The $US21 million debt burden that Antigua and Barbuda has long been shouldering following its investment in the Nevis Street Pier, will be liquidated.
Business Development Coordinator for the US and the Caribbean at Global Ports Dr. Sean Matthew made the disclosure during an exclusive interview with ABS news.

Under the agreement, Global Ports is leasing the cruise piers in St John’s for 30 years.
Dr. Matthew says the controversy in the early stages is now behind them and stakeholder involvement continues to be paramount.