A $277 million investment could double the size of Anguilla’s tourism industry over the next ten years, a consultant reported.
The United Kingdom overseas territory hired the firm Halcrowe/CHL last year to produce a “Sustainable Master Tourism Plan” for the island. The plan presented three scenarios for tourism: low, medium and high growth.
The low-growth scenario would require an investment of $81.5 million, a fraction of the $555 million investment Halcrowe predicts is needed to maintain the high-growth scenario, according to The Anguillian newspaper.
The firm recommended that the territory employ the medium-growth scenario, which would require a $277 million investment.
See the Oct. 20, 2011 edition for full coverage.