Caribbean Infrastructure Fund, Antigua & Barbuda Port Authority, and PMAC Sign Strategic Memorandum of Understanding for Inclusive GreenPort Lighthouse Project

PRESS RELEASE

FOR IMMEDIATE RELEASE

Date: 15 December 2025

Caribbean Infrastructure Fund, Antigua & Barbuda Port Authority, and PMAC Sign Strategic Memorandum of Understanding for Inclusive GreenPort Lighthouse Project

St. John’s, Antigua and Barbuda — The Caribbean Infrastructure Fund (CIF), the Antigua & Barbuda Port Authority (ABPA), and the Port Management Association of the Caribbean (PMAC) have formally signed a Memorandum of Understanding (MoU) on 15 December 2025, establishing a collaborative framework for the development, financing, and operation of the ABPA Lighthouse Project, officially designated as the Inclusive GreenPort Resilience & Decarbonization Programme (InGRED).

The MoU sets out a strategic partnership aimed at transforming port infrastructure in Antigua and Barbuda into a regional lighthouse model for climate resilience, decarbonization, operational efficiency, and inclusive economic growth, aligned with Caribbean sustainability priorities and global climate objectives.

A Flagship GreenPort Initiative

The InGRED Programme is conceived as a next-generation port modernization initiative, focusing on:

• Climate-resilient port infrastructure capable of withstanding extreme weather events and sea-level rise
• Decarbonization and energy transition, including electrification, renewable energy integration, and low-emission port operations
• Digitalization and smart-port solutions to enhance efficiency, safety, and transparency
• Inclusive development, supporting local employment, skills transfer, and regional capacity building
• Replicability across the Caribbean, positioning ABPA as a demonstrator port for PMAC member authorities

Roles and Collaboration Framework

Under the MoU:

• ABPA will act as the host and implementing authority for the Lighthouse Project, providing strategic direction, regulatory alignment, and operational oversight
• CIF will support project structuring, blended financing solutions, long-term capital deployment, and international co-financing coordination
• PMAC will facilitate regional knowledge sharing, best-practice dissemination, and scaling of the InGRED model across Caribbean ports

The collaboration establishes a platform for feasibility studies, technical design, financial structuring, and phased implementation of the programme.

Regional Impact and Global Alignment

The InGRED Programme is designed to align with:

• Caribbean climate adaptation and mitigation priorities
• Sustainable maritime and logistics development
• International decarbonization frameworks and port sustainability standards

By anchoring the initiative in Antigua and Barbuda, the partners aim to create a benchmark project that can be replicated across small island and developing port economies.

Statements

Representatives of the signatory institutions emphasized that the MoU reflects a shared commitment to future-ready port infrastructure, combining environmental stewardship, economic resilience, and regional cooperation.

“This partnership marks a decisive step toward positioning Caribbean ports at the forefront of green and resilient maritime infrastructure,” the parties noted, highlighting the importance of collaborative, long-term solutions for island economies.

The partners expect the ABPA Lighthouse Project to serve as a cornerstone initiative for sustainable port transformation in the Caribbean.

Media Contact:
Communications Office
Caribbean Infrastructure Fund
Email: media@caribbeaninfrastructurefund.com

The Caribbean Infrastructure Fund (CIF) is a private, closed-ended platform focused on policy-aligned and results-driven project delivery. We partner exclusively with governments, public utilities, development finance institutions, and mission-aligned organizations.

Caribbean Infrastructure Fund is a member of Global Infrastructure Funds (GIF) — a privately held, privately funded network of regional investment funds financing vital infrastructure aligned with local priorities — backed by global expertise and co-financing capabilities.

Global Infrastructure Funds is a member of Global Group of Funds.