Caribbean Free Trade Zone was proposed to establish various kinds of free trade parks in the member countries of CARICOM. As a result Caribbean Free Trade Zone Investment Inc. was founded by several institutional investors, and based on PPP mode Caribbean Free Trade Zone (Antigua) Development Inc. was founded to develop Caribbean Free Trade Zone Antigua Park which was granted free trade zones status by Antigua and Barbuda Government Cabinet, the Antigua and Barbuda Free Trade and Processing Zone Commission and Citizenship By Investment Unit of Antigua and Barbuda.

Caribbean Free Trade Zone plan to establish 15 free trade parks in 15 member countries of CARICOM, total investment amount of which may reach 15 billion US Dollars.