Barbados Government Encourages Citizen Investment in National Projects
Prime Minister Mia Amor Mottley announced a new phase of economic transformation in Barbados, urging citizens to invest in key national projects. The initiative focuses on inclusive growth and wealth creation, allowing Barbadians to invest in ventures such as desalination and battery storage infrastructure.
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The Barbados Government is promoting citizen investment in national projects, as outlined by Prime Minister Mia Amor Mottley. The new phase of the Economic Recovery and Transformation (BERT) initiative emphasizes inclusive growth, allowing Barbadians to invest in infrastructure like desalination plants and battery storage.
Mottley highlighted the importance of ownership opportunities for ordinary citizens and mentioned the challenges faced in sourcing industrial-scale battery systems. To address this, the government is considering a national special purpose vehicle for managing battery infrastructure. Citizens are encouraged to invest their savings in these essential projects to generate stable returns.
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