Antigua and Barbuda Special Economic Zone

Last updated
Antigua and Barbuda Special Economic Zone
Special economic zone
Antigua location map.svg
Red pog.svg
Antigua and Barbuda Special Economic Zone
Coordinates: 17°06′04″N61°44′31″W / 17.10111°N 61.74194°W / 17.10111; -61.74194
Country Antigua and Barbuda
Parish Saint Peter
Division Mercers Creek
Area
  Total
37 km2 (14 sq mi)
Website absez.ag

The Antigua and Barbuda Special Economic Zone (ABSEZ) is a special economic zone and proposed city in the Mercers Creek Division of Saint Peter, Antigua and Barbuda. Intended to become the primate city of Antigua and Barbuda, it was the brainchild of the Gaston Browne administration until its primary developer Yida Zhang was implicated in a land dispute. [1] [2] [3] Construction began in May 2015 and was intended to be completed by 2035. [4] [5] The development is located in the Northeast Marine Management Area and attracted international criticism for environmental and political reasons. [6] [7] Shortly after the groundbreaking ceremony, wide-scale clearing of lands and dredging were conducted without permission from government authorities. While a permit was eventually granted, the developer faced no consequences and many mangroves as well as an Amerindian village's remains were destroyed. [8] In 2023, Yida's assets were frozen by the Antigua and Barbuda High Court until he paid a US$5.4 million debt to Lux Locations. [9] In early 2024, it was announced that the zone would be sold and amendments were made to the legislation that authorised its construction. [10] Now widely considered to be a failure, the United Progressive Party has called on the agreement between the government and Yida to be revoked. [11]

References

  1. George, Elesha. "ABSEZ plans for a mega city - Island Press Box" . Retrieved 2026-02-01.
  2. Caribbean News (2015-04-30). Special Economic Zone for Antigua: Tourism Minister Asot Michael . Retrieved 2024-12-26 via YouTube.
  3. "Antigua and Barbuda Special Economic Zone – Master Plan – Erregi Group" . Retrieved 2026-02-01.
  4. "Yida Project". Regional Integration. 2020-10-15. Retrieved 2026-02-01.
  5. George, Elesha. "Behind Antigua & Barbuda Special Economic Zone" . Retrieved 2026-02-01.
  6. Handy, Gemma (2019-06-20). "Antigua: sprawling 'Chinese colony' plan across marine reserve ignites opposition". The Guardian. ISSN   0261-3077 . Retrieved 2026-02-01.
  7. Team, WiredJA News (2024-11-17). "ANTIGUA | Chinese Control: Controversial Economic Zone Raises Antigua Sovereignty Concerns". WiredJa. Retrieved 2026-02-01.
  8. "Subverting laws for YIDA is costing the environment: investigation shows". Antigua Observer Newspaper. Retrieved 2026-02-01.
  9. George, Elesha (2023-11-11). "Yida Zhang's assets frozen" . Retrieved 2026-02-01.
  10. "Sale of special economic zone sees slight changes to operator permissions". Antigua Observer Newspaper. Retrieved 2026-02-01.
  11. "UPP Stages Protest Against YIDA Agreement and Social Security Investment". Antigua News Room. 2025-08-25. Retrieved 2026-02-01.