Bahamas News

Government meets with GB investors as Ministry shifted

Grand Bahama, Bahamas June 8, 2017 – Although the Ministry of the Grand Bahama has been shifted to a department in the Office of the Prime Minister, government is seeking to boost the island’s economy.

Minister of State for Grand Bahama, Kwasi Thompson and Deputy Prime Minister and Minister of Finance K. Peter Turnquest recently met with investors and executives of the Grand Bahama Port Authority. The meetings are aimed at streamlining the investment process.

Turnquest said this was the first action on campaign promises regarding Grand Bahama and that domestic and international investments on the island would be beneficial for all. “We are committed to ensuring that our investors get the kind of attention that they deserve and that their investments would also be beneficial to the economy and residents of Grand Bahama…We are very interested in encouraging local persons with entrepreneurial desires to come forward so that we can see how we can design programs to assist them.” he said.

 Thompson assured both the public and investors that the selection process would be transparent.

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