The management of Antigua Sustainable Aquaculture Limited is pleased to provide this project for sustainable fish growing. With the appropriate government approvals in place, this Antiguan company has been founded and endorsed as a Citizenship by Investment (CIP) Project. Our environmentally friendly approach to aquaculture can offer significant economic growth in a new industry that will diversify the economy. Our goal is for this project at maturity is to add more than 10% to the Gross Domestic Product (GDP) of Antigua while creating more than 400 new local jobs.
This effort will require a total investment of around $39 million. Based on initial discussions with the US Overseas Private Investment Corporation (OPIC), our goal is to combine $20 million of Investor (Government of Antigua and Barbuda and Principals) and CIP funds, with up to $19 million of OPIC debt, as required, to further compound the return for CIP investors. The proposed plan is tailored to produce a cash flow positive farm in less than four years, with a CIP investor return of 6%. Returns will vary somewhat based on the investment phase of the project.