Senator Defends Land Vesting to Afreximbank, Sparks Debate Over Benefits and Ownership

Bridgetown — Government Senator Elizabeth Thompson has come to the defence of the administration’s decision to vest over five acres of land at Jemmots Lane to the African

Export-Import Bank (Afreximbank), arguing it presents significant opportunities for Barbadians. Speaking during debate in the Senate, Thompson questioned why similar criticism had not been levelled at other foreign entities that have benefited from concessions or land use in Barbados.

“What are the relationships and benefits to be derived from having a UN house or other organisations that have built on Barbadian land or received incentives?” she asked, suggesting that Barbados would become a hub of major geopolitical and economic activity as a result of this partnership.

Thompson further emphasized the job creation potential, stating that the development would generate employment across all sectors—from blue-collar to graduate-level positions. “Barbadians will manage, handle IT, work front and back office, serve as hosts and chefs, and act as trade interpreters,” she said, adding that the initiative underscored the need for a multi-skilled local labour force.

However, Opposition Senator Ryan Walters pushed back, raising concerns over the quality of jobs promised and the ongoing challenges faced by tourism workers in Barbados. “We speak as though this is going to be glorious and beneficial for all, but unions are still fighting for basic wages and service charges for hotel workers. The government must not pretend all is well,” Walters cautioned. He questioned whether selling or leasing the land would have been more appropriate, warning against “giving away” such a valuable national asset.

Independent Senator Andrew Mallalieu echoed the concern, supporting the idea of Afreximbank establishing its Caribbean headquarters in Barbados but opposing the permanent vesting of the land. “I do not support vesting it in perpetuity without clear benefits to the Barbadian people. A lease would have been better. And if not leasing, how have we prevented onward sale for private gain?” Mallalieu asked.

The resolution remains a topic of heated debate, with opinions sharply divided on the best path forward for national development and ownership.