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BAHAMAS: New Tech Company to hire 50 in GB

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#Bahamas, May 05, 2018 – Grand Bahama –  Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. J. Kwasi Thompson, on Thursday, May 3, welcomed GIBC Digital, a new company to the island, and their contribution to making the island the technology hub of the region.

“This government has been focused on making technology the third pillar of our economy and it has been our vision to advance not just the economy, but the digital economy in Grand Bahama. Today, we are seeing some of the fruits of the Grand Bahama Technology Hub Initiative.  This is a project which advances the entire Technology vision for Grand Bahama. It involves capital investment, providing employment, and providing the necessary training in the technology industry.”

GIBC provides digital solutions in automation, data intelligence, cyber & fraud, customer experience as well as regulation & compliance.

“Today’s announcement by GIBC represents a significant investment in Grand Bahama’s economy.  GIBC intends to invest a minimum of $2.5 million this year to establish its office in Grand Bahama. I am excited that this investment will enable the hiring of 50 persons to work along with the company both locally and regionally.”  The hiring process has already begun.

“We are further pleased that this investment also involves training of Grand Bahamians for the technology industry.  In addition to the initial investment, GIBC has indicated they will invest another $1 million through deployment of employees from the United States, the UK, and other areas to The Bahamas to conduct training and direct work.

“GIBC anticipates that for each skilled job created, another 2.5 jobs will result in our local service, and tourism sectors, resulting in an estimated economic impact of over $10 million in the first year alone.  Further, GIBC’s has expressed plans to expand its Bahamian operations to over 150 employees and build a state-of-the-art, sustainable Data and AI center within three years, bringing an economic impact of $50m by 2020.”

GIBC is one the first companies to benefit from the Commercial Enterprise Act in Grand Bahama.  They have been granted approval and this enabled them to set-up their office quickly.

Minister Thompson added, “Grand Bahama should be pleased and proud that a global technology company has chosen not only to set up an office, but to invest in the lives of our people, and to be a part of this important technology initiative.”

He then announced the block-chain and crypto-currency conference scheduled to be held in Freeport in June of this year.  The conference, he said, “will introduce The Bahamas, particularly Grand Bahama as a jurisdiction which is favourable for investors and to present Grand Bahama as an ideal location for technology companies, in particular, those focused on block-chain, crypto-currency and fin-tech solutions.”

Greg Wood, Chief Executive Officer of GIBC Digital, said he is pleased that his company will realize the vision of Prime Minister, Dr. the Hon. Hubert Minnis and his government, in making Grand Bahama a tech hub.

His company, he said, is “a digital-transformation facilitator. That means we help organizations automate their manual processes to reduce cost and errors, use their data to make better decisions faster, and prevent cyber security threats.  In short, we make our clients more successful by transforming how they do what they do in a digital world.”

Founded in 2011, they have offices in New York, Boston, London, Hong Kong, Singapore, Tampa and Stamford and currently employ 70 people. There are also plans to open offices in Largos, Dublin and Toronto before the end of 2018.

In phase one of the opening of the Grand Bahama office, he said, “Our office in Freeport will open with the hiring of 50 Bahamians from the local community, who we will train and deploy to do local and regional work in automation, cyber security, and data intelligence.”

“This skilled workforce will provide the foundation for phase two of our project: creating a digital-transformation training center, where companies will send their employees to learn the latest in cyber, data intelligence, management, and automation.  We intend to commit significant company resources to realize this vision.

“Phase three of our journey will culminate in the creation of a state-of-the-art Data and Artificial Intelligence Center here in Grand Bahama run entirely by Bahamians, who will be responsible for everything from management, to operations, to delivery of our services, and we plan to work with schools like MIT and Cornell to bring together the expertise needed to create cutting edge capabilities right here in Freeport.”

Mr. Wood concluded his remarks by saying, “This is going to have a significantly positive economic impact for Bahamians.  We estimate that value to be in excess of $50 million by 2020.  It will also firmly establish Grand Bahama as the tech hub in the Caribbean.  This means not only economic stability and opportunities for Bahamians, but meaningful careers – and I stress careers because we don’t look at the roles we are creating as just jobs.

“In addition to the direct economic benefits, this skilled, local workforce will inevitably attract other technology innovators into Grand Bahama because these innovators will have a ready supply of employees, and the new jobs here will attract more people with the right skills, creating a virtuous circle of prosperity here in Grand Bahama.”

He committed to help make Grand Bahama the tech hub of the region.

President of the Grand Bahama Port Authority, Ian Rolle, described the day as “significant” and said it was the beginning of something new in the technology sector.  “Both the government and the Grand Bahama Port Authority’s vision for this place is to increase the population in a very unique way.” Those in the tech industry, he said, will provide the “right type” of people to the island.

He congratulated the government for the Commercial Enterprise Act enabling GIBC to come to the island and open their business quickly and easily.

 

Released: BIS

Photo Captions:

Header: Teams from the Office of the Prime Minister, Grand Bahama, the Grand Bahama Port Authority and GIBC Digital gathered at the OPM on Thursday, May 3, for the announcement of GIBC Digital’s presence on the island. Shown from left sitting are: Ian Rolle, president of the Grand Bahama Port Authority; Senator the Hon. J. Kwasi Thompson, Minister of State for Grand Bahama in the Office of the Prime Minister; and Greg Wood, Chief Executive Officer, GIBC Digital. Shown standing are: Derek Newbold, Business Development and Investment, GBPA; Ross Mabon, Chief Operating Officer; Hazel Alvarado, Chief of Staff; Harcourt Brown, Permanent Secretary, Office of the Prime Minister, Grand Bahama; Mark Parsons, Global Head of Intelligent Operational Excellence; Mark Godson, Americas Managing Director; and Sean Campbell, Head of EMEA.

Insert: Following the press conference to announce the establishment of GIBC Digital in Grand Bahama, Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. J. Kwasi Thompson, is seen talking with Greg Wood, CEO of GIBC Digitial and Ian Rolle, president of the Grand Bahama Port Authority.

(BIS photos/Andrew Miller)

 

 

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PRESS RELEASE: Prime Minister Minnis Thanks Bahamians for the Last Four Years

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#TheBahamas, September 18, 2021 – Free National Movement (FNM) Party Leader, Hubert A. Minnis thanked Bahamians for the last four years in tonight’s concession speech:

“Tonight I spoke with Leader of the Progressive Liberal Party Philip Davis and offered my congratulations to him and his party on their victory at the polls.  I offered him my best wishes as his Government now faces the continued fight against COVID-19, and the restoration of our economy.

I would like to thank the tens of thousands of Bahamians from across The Bahamas who voted for Free National Movement candidates.  I also congratulate the FNM candidates who won seats in the House of Assembly.  I am in that number, and again my gratitude goes out to the people of Killarney for making me their representative for the fourth consecutive time.

I will lead the Free National Movement into the House as the leader of Her Majesty’s Loyal Opposition.  The Bahamas has a proud democratic tradition.  The people decide who serves as government.  Our party presented its vision for the future to Bahamians from the northern islands of Grand Bahama and Abaco, all the way to the southern islands of MICAL.

The people determined that they preferred the Progressive Liberal Party.  My party and I accept that result.  We are proud of our record the past four-plus years.

During our term we faced the most difficult times in Bahamian history.  In September 2019, Abaco, the Abaco Cays and Grand Bahama were struck by the strongest storm to hit The Bahamas.  Hurricane Dorian was one of the strongest storms recorded on our planet.  It caused generational destruction to our northern islands.  Six months later, we were in the COVID-19 pandemic.

Throughout each crisis my Government worked hard to assist the Bahamian people.  On the northern islands we have had to rebuild roads, water systems, schools, docks, bridges and other critical infrastructure.

In the pandemic, we provided tens of millions of dollars per month in food and unemployment benefits to citizens, along with tax credits to businesses.  We fought hard to secure more than half a million doses of three of the best vaccines in the world.

The FNM has a proud legacy.  We have governed The Bahamas over four terms.  Our philosophy is to use the resources of government to provide opportunity to those who have historically been without.  That is why we invested in free preschool, providing early education to thousands of children. That is why we invested in free tertiary education at the University of The Bahamas and BTVI.

That is why we created the Over-the-Hill initiative to benefit people in grassroots communities with tax concessions and development assistance.  That is why we invested record amounts in Family Island infrastructure.  That is why we created the Small Business Development Centre, extending millions of dollars to help Bahamians realize their dreams.

Our belief in the Bahamian people was also evidenced in the manifesto we ran on in this election.  We pledged a Universal School Meals Program, expanded access to afterschool programs, $250 million to Bahamian small businesses over five years, expanded access to Crown Land, support for the arts and agriculture and fisheries, along with many more policies for the people.

We did not win this time.   But I say to the next generation of FNMs that you should stay firm to this party’s founding ideals.  Always put the people first, and be honest in government.

The people have asked us to be the opposition.  We will ensure the people’s resources are spent properly. We will ensure there is accountability.  We will oppose when necessary. We will agree when the Government’s plans are in the best interests of the people.

I thank my wife Patricia and my family for supporting me during this term, and throughout my life.  I also thank the officers, members and supporters of the Free National Movement for their assistance and encouragement during my time as leader.

And to the Bahamian people, I say a warm and heartfelt thank you for my time being your Prime Minister.  You are a strong, hardworking and resilient people.  Hurricane Dorian did not break you. The pandemic has not broken you.

You trust in the God who has brought us this far.  Trust that He will bring us further to brighter times.  Again, thank you. And may God bless the Commonwealth of The Bahamas.

 

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BAHAMAS: PM Philip Davis Swearing In Speech

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REMARKS BY

THE HON. PHILIP DAVIS,  M.P., QC,

PRIME MINISTER

ON THE OCCASION OF

HIS CEREMONIAL SWEARING-IN AS

PRIME MINISTER OF THE COMMONWEALTH OF THE BAHAMAS

SATURDAY SEPTEMBER 19TH, 2021

BAHA MAR BALLROOM

 

 

Your Excellency, the Governor-General; First

Lady, Ann Marie Davis, Deputy Prime Minister

Elect, I. Chester Cooper and Mrs. Cooper, Honourable and Distinguished Guests, Ladies and Gentlemen.

 

I wish to thank the Bahamian people who turned out and voted resoundingly for change.

As I said on Thursday night, you voted with brave hearts, and you voted with hearts full of hope for our country.

It was unfortunate that many Bahamians who wished to participate in this election were not able to do so. It was the first time in modern Bahamian history that so many voters were disenfranchised – and I hope it is the last. The right to vote is the essential right in a democracy.

Our new administration comes into office at a time when the Bahamian people are hurting as never before.

In recent months, as I travelled the length and breadth of our beautiful country, many people shared with me their stories of hardship and need and despair.

Against that backdrop, we face the many crises borne out of the Covid-19 pandemic: tragic numbers of our people are becoming ill and dying; our hospitals in a state of collapse; our doctors and nurses and other frontline workers pleading for support to shore up our healthcare system.

The economy is also in decline, as we face an historically high deficit and debt. The news of the downgrade yesterday underscores the severity of the fiscal crisis and the urgency of moving quickly to address it.

The challenges in education also deeply concern me. Thousands of young Bahamians have missed out on their education during the past few years, first because of the displacement caused by Hurricane Dorian, then because of the way the Covid-19 crisis has been managed.  These are indeed big challenges.

Some have questioned why we want to serve when the problems are so difficult.  But my team and I offered ourselves for public service precisely because these problems are so difficult – and precisely because we believe that we have the right vision, the right policies, and the right team to take this country forward.  We will not fail if we keep the best interests of the Bahamian people as our guiding north star.

As a young boy growing up in Cat Island, I faced many hardships and obstacles.  I know what it is to be poor.

As a young man trying to find his first job, I faced doors that seemed always slammed shut.  I know what it is to feel disappointment.  As a lawyer trying to build a practice, I missed out on many opportunities because I didnt have the right connections.

I know what its like to be on the outside looking in.  In my family life, I know the ups and downs of raising children and sending them out into the world.  I am determined to take the wisdom gained from these experiences and use it to help others.  It is possible to overcome.  It is possible to work hard and succeed.  It is possible to forgive.  And it is possible to bring about the changes you wish to see.

These are the values that will inform my decisions in office.  In just under two years time, we will celebrate fifty years of The Bahamas being a fully independent, sovereign nation.  We must begin to deliver more purposefully the promise of Independence.   Independence is more than freedom from rule by others.  It is the defining purpose of our country, which says that every one of us is entitled to reach our fullest potential.

And so each day we will ask ourselves: What can we do to ensure that the aspirations and hopes of the Bahamian people are translated into opportunities and paths to success?  Deep in my heart I know that with God, all things are possible”.

If we work together, towards a common purpose, in the common interest and for the common good, great things are indeed possible for our country and our people.  But no government can do great things on its own.  I am sure that my government can only succeed if we partner with the Bahamian people.

We are going to listen.

We are going to consult widely.

And we are going to bring people together.

That is the best way to make progress as a nation.  No leader and no government should be isolated from the people.

I also commit to lifting the veil of secrecy on that which has gone before us, so that all of the arrangements under which we have to live are transparent, and those who authored them are accountable.  We will govern in the interests of all Bahamians, not just the privileged few.  We will act in ways that rebuild trust between the government and the Bahamian people.  We will uphold the constitution and the rule of law, and ensure that everyone is treated fairly, so that its not one rule for one set of people, and another for another set of people.

There is much work to be done; but I know that by working together, we can succeed and build the kind of prosperous, independent Bahamas that our founding fathers dreamed for us.  It will not happen overnight, but with steady progress, we will get there.

I pray God’s blessings and guidance upon us all, and in the words of St. Francis, “make us instruments of your peace; where there is discord, let me bring union; where there is doubt, let me bring faith; where there is despair, let me bring hope; where there is sadness, let me bring joy.”

I thank God for having blessed us with this beautiful country, and the bountiful birthright which we have inherited.

I thank the many people over the years who have supported me to this moment, where I am able to step into servant leadership for the benefit of the Bahamian people.

I thank my family, especially my wife Ann, and my children, my siblings, Alvin, Don, Craig and Trevor, my one and only sister, Diane, who every day continue to give me so much love and support.

And I thank the Bahamian people who have placed their faith and confidence in me and my team.

 

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EPIC ELECTION!  39 chosen from HUGE field of 228 Candidates, PLP WINS

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#TheBahamas, September 18, 2021 – Concluding with another sweeping swing, Bahamians for the fifth consecutive General Election have made the swap between the Progressive Liberal Party (PLP) and the Free National Movement (FNM) and this time, the Hubert Minnis-led FNM Administration saw the curtain close dramatically on its performance in exchange for the ‘New Day’ alternative presented by Philip ‘Brave’ Davis, leader of the PLP.

The polls closed at 6pm, the call to concede came at 9 pm.  Just as the general elections came in a snap for The Bahamas, so did the realization for Dr. Hubert Minnis that his Free National Movement party failed to recapture the majority of seats in parliament and just like that, Philip Brave Davis became the prime minister elect for The Bahamas.

“We are going to listen. We are going to consult widely. And we are going to bring people together. That is the best way to make progress as a nation. No leader and no government should be isolated from the people. I also commit to lifting the veil of secrecy on that which has gone before us, so that all of the arrangements under which we have to live are transparent, and those who authored them are accountable. We will govern in the interests of all Bahamians, not just the privileged few. We will act in ways that rebuild trust between the government and the Bahamian people. We will uphold the constitution and the rule of law, and ensure that everyone is treated fairly, so that it s not one rule for one set of people, and another for another set of people,” said Hon Philip Davis, Prime Minister of the Commonwealth of The Bahamas in remarks at his Ceremonial Swearing in which took place at the Baha Mar Ballroom on (today) Saturday September 18, 2021.

In epic fashion this year’s elections unraveled and in equally stunning loss, the FNM was resoundingly rejected.  The party held onto only seven constituencies; the PLP racking up 32 seats in the House of Assembly.  In 2017, the split was four to the PLP and 35 members of parliament for the FNM.

It was a polling day which observers believe has drawn the lowest voter turn-out in history and one which ratified the highest number of candidates of any voting day.

There were 228 individuals who offered for the 39 seats.  Added to the fray were virtually unknown organisations like the UCP, BCP, the KGM and the GCP; more familiar to Bahamians as an alternative to the usual PLP and FNM offering were the Coalition of Independents (COI), just several months old and the Democratic National Alliance (DNA), making its third appearance on the ballots.

The Parliamentary Registration Department informed there were 192,587 registered voters across the archipelago; 20,000 of them new.  However, a staggering number of people were not registered as they were caught off guard by the surprise announcement of September 2021 as Election Day instead of a May 2022.

The Parliamentary Registration Department was plunged – ready or not – into a snap process, having to manage a highly contentious race in the midst of the killer coronavirus pandemic.

“I would like to thank the tens of thousands of Bahamians from across The Bahamas who voted for Free National Movement candidates. I also congratulate the FNM candidates who won seats in the House of Assembly. I am in that number, and again my gratitude goes out to the people of Killarney for making me their representative for the fourth consecutive time. I will lead the Free National Movement into the House as the leader of Her Majesty’s Loyal Opposition. The Bahamas has a proud democratic tradition. The people decide who serves as government,” expressed Dr. Hubert Minnis, in his Concession Speech on the night of the election September 16, 2021.

Hubert Minnis for the fourth consecutive time won the majority of votes, to hold onto the Killarney Constituency.

“We did not win this time. But I say to the next generation of FNMs that you should stay firm to this party’s founding ideals. Always put the people first, and be honest in government. The people have asked us to be the opposition. We will ensure the people’s resources are spent properly. We will ensure there is accountability. We will oppose when necessary. We will agree when the Government’s plans are in the best interests of the people,” said Dr. Minnis in an issued statement.

The outgoing prime minister was criticised for his cowardly exit; again dodging media cameras, scrutiny and a live audience.  It also remains to be seen if indeed Dr. Minnis will return as the Leader of the Opposition, given his decisive loss as leader.

With his New Day was the theme guiding his first declarations to Bahamians as the fifth prime minister of the Commonwealth, Brave Davis assured there is no easy work ahead, but pledged results with the Bahamian people remaining the PLP’s north star.

“There is much work to be done; but I know that by working together, we can succeed and build the kind of prosperous, independent Bahamas that our founding fathers dreamed for us. It will not happen overnight, but with steady progress, we will get there. I pray God’s blessings and guidance upon us all, and in the words of St. Francis, “make us instruments of your peace; where there is discord, let me bring union; where there is doubt, let me bring faith; where there is despair, let me bring hope; where there is sadness, let me bring joy.

I thank God for having blessed us with this beautiful country, and the bountiful birthright which we have inherited.”

Independents and other political parties made more of an impression in the 2021 national poll than ever before, however none was able to breakthrough to earn a seat at the parliamentary table.

“We didn’t step forward to become famous or for self-recognition. We didn’t step forward for our own families to be victimized and threatened. We didn’t step forward for our names to be lied on and smeared.We stepped forward because we believed and still do in the Bahamian people,” said Lincoln Bain, leader of the COI, which in its debut rolled in as the third most popular party, he added, “We will continue this fight because we are not a flash in the frying pan organization. We will continue the fight until EVERY Bahamian has benefited from our #NaturalResources.”

The election was observed by CARICOM observers led by former Jamaican Prime Minister Bruce Golding.

Official General Election results are still being processed by the Parliamentary Registration Department.

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