UAE Investor Sheikh Tariq Bin Faisal Al Qassimi has signed an agreement to invest $120 million in a tourism project at Antigua.
The property will be located on a 36-acre beachfront site, the government said, five acres of which will be developed into a national park facility.
Sheikh Tariq Bin Faisal Al Qassimi is chairman of the Emirates Investment Group (EIG), a Sharjah-based private sector investment group. EIG has a number of real estate projects in its portfolio including the Ritz-Carlton Residences in Singapore, Emirates Financial Towers in Dubai International Financial Center and Enshaa, a UAE-based real estate firm with investments in Pakistan, Australia and the UAE.
Emirates Investment Group is listed in the Middle East Investors Directory with the code SIN32.
More details follows from the Caribbean Journal