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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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Nassau Cruise Port Donates Nearly $2 Million Towards Food Security

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Nassau, Bahamas: The Nassau Cruise Port has donated $1.95 million towards
projects that will assist the Ministry of Agriculture and Marine Resources in its aim
to increase food security for The Bahamas.

The donation officially occurred at the Ministry’s offices recently, where Minister
of Agriculture and Marine Resources Hon. Jomo Campbell, Minister of Labour
Hon. Pia Glover-Rolle, Permanent Secretary Neil Campbell and Nassau Cruise
Port CEO Mike Maura listened to a number of presentations including one for a
poultry programme for schools, a chicken broiler production programme, the
redevelopment of the Blue Hill Road Farmers Market and an Authentic
Bahamian Cultural Concept Store,

Mr. Maura said he was impressed by the presentations.

“I had the privilege to listen the presentations and review presentations that
touched on food security and the need for us to be self-sufficient, which as a
Bahamian I support completely. At the Nassau Cruise Port, we get excited
about the prospects of offering more authentic food to the millions of visitors
that we have each year,” he said.

“And then, in addition to that, we had presentations around the further
development of our artisans, which is so important to us as well. The guests
visiting our shores are looking for something that really touches The Bahamas
and can’t be found somewhere else. The Nassau Cruise Port has made a pledge to BAIC and its affiliates. We will be supporting the projects that were presented and we can’t wait to get started.”

Minister Glover-Rolle, who is also the Member of Parliament for Golden Gates,
hailed Nassau Cruise Port as a “great community partner.”

“Thank you for the opportunity to not only present but agreeing to participate.
Our Minister of Agriculture has a goal of reducing food imports by 25 percent by
the year 2025 and our project in the Golden Gates Community speaks to that,”
she said.

“We have a number of backyard farmers, farmers and fishers in our community
in Golden Gates. Being able to use the Blue Hill Road Farmers Market, which is
going to be dubbed the ‘Fish Fry of the South,’ as a hub for food security but
also a hub where artisans and handicraft persons can come and sell their wares
is wonderful. So, we are happy that you have agreed to partner with us and we
look forward to a partnership and we hope to welcome some of your visitors
when this amazing renovation is done.”

Minister Campbell also lauded the Nassau Cruise Port for its efforts.

“I would like to say thank you to the presenters for the presentations that are
several steps in the right direction for our country, to Mr. Maura and his board at
the Nassau Cruise Port and I would like to say thanks to God for this partnership
and bringing us all together as we move forward, upward, together in building a
better, brighter, future for The Bahamas,” he said.

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Career Symposium 2024 Connects University Students with Successful Professionals

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Nassau, THE BAHAMAS — Some of the most successful and accomplished professionals and business leaders in the country recently shared their experiences and nuggets of wisdom with students at University of The Bahamas (UB) about thriving in a wide range of careers.

The University Centre for Counselling and Career Services and the Career and Job Placement Advisory Unit collaborated to host the 2024 Career Symposium which brought students face to face with leaders in the careers to which they aspire.

Vice President of Academic Affairs, Dr. Maria Oriakhi, said the symposium was key to developing potential as university students strive to leave their mark on the world.

Ms. Rickell Curry

“In the spirit of collaboration and growth, let us engage in meaningful dialogue, cultivate relationships, and harness the power of collective wisdom to shape our futures,” said Dr. Oriakhi. “Together, let us embark on this journey of exploration and discovery, united in our commitment to realizing our fullest potential and making meaningful contributions to our communities and beyond.”

Promoting careers in psychology, Ms. Curry noted that psychologists are equipped with the ability to help others, troubleshoot areas of weakness within themselves, and become better people and professionals in the process.

“The floor is yours to be able to explore. There’s no job where you don’t have to deal with people, so learning, even if you get a bachelor’s in psychology, is a great grounding,” she said.

Dr. Darville, one of few interventional radiologists in The Bahamas, offered another nugget of advice on choosing an area of study.

Dr. Elizabeth Darville

“It is important to know enough about yourself in order to make the decisions you want to make,” said Dr. Darville. “You have to work on yourself first and know what you want to do. Radiology gives you a chance to have fun. It gives you a chance to mold your career closer to your personal life than other medical specialties might.”

Another growing field is project management which Mr. Hepburn called a life skill. He also urged a commitment to lifelong learning.

“Individuals that continue to learn become unstoppable, period,” said Mr. Hepburn. “It is so true. When you learn, you become unstoppable because nothing can stop you in your process of development.

Mr. Wellington Hepburn

“The more you know, the more valuable you are. We need individuals who are cross functional—that can operate in different capacities. So please understand that your learning should never stop.”

With small and medium-sized businesses helping to drive the economy at an incredible rate, Ms. Rolle affirmed the importance of entrepreneurship in any economy.

“When we talk about entrepreneurship, we usually look at it from a myopic standpoint,” she said. Ms. Rolle. “What do I mean by that? Small, but usually about self: ‘how do I make more money?’ And in some cases, some look at entrepreneurship as a way of survival. ‘I need to make a couple extra dollars, I have this bill to pay’. Those types of things.

Ms. Samantha Rolle

“But entrepreneurship really, in its truest form, is about innovation, whether it’s a new concept or any existing concept that you innovate new ways, or help expand the economy.”

The career symposium was held at the Harry C. Moore Library and Information Centre and is held every academic year.

 

PHOTO CAPTIONS

 

  • Career Symposium 1: UB Vice President of Academic Affairs, Dr. Maria Oriakhi, delivers the opening address at the 2024 Career Symposium.
  • Career Symposium 2: Students and guest speakers enjoy a lighthearted moment during the 2024 Career Symposium.
  • Career Symposium 3: Ms. Rickell Curry speaks to students during the 2024 Career Symposium.
  • Career Symposium 4: Dr. Elizabeth Darville delivers remarks during the 2024 Career Symposium.
  • Career Symposium 5: Mr. Wellington Hepburn educates students on the importance of project management during the 2024 Career Symposium.
  • Career Symposium 6: Ms. Samantha Rolle talks about the role and importance of entrepreneurs and entrepreneurship in any economy.

 

Office of University Relations

University of The Bahamas

2nd Floor, Michael H. Eldon Complex

Oakes Field Campus

P.O. Box N-4912

Nassau, The Bahamas

Tel: (242) 302-4355/4354/4365

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$36 Million Dollar Upgrade for World Athletics Relays in Nassau, Bahamas

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Rashaed Esson

Staff Writer 

 

#TheBahamas, April 15, 2024 – After years of thorough maintenance, The Thomas A Robinson National Stadium in The Bahamas is finally getting a multi-million dollar makeover, readying the 10-year old facility ahead of the World Athletics Relays on May  5, 2024; it is being staged in Nassau for the fourth time.

This $36 million refurbishment is being funded by the Chinese Government, as part of a vision to enhance the country’s sport infrastructure to benefit youths in athletics. The stadium was gifted to The Bahamas in 2012 by the Chinese.

The relay is the qualifying event for the 2024 Summer Olympic Games and there will be 32 national teams, in each relay event, and 20 races on both days of competition, according to World Athletics.

Day 1, will have 20 heats across the five Olympic-calibre events (4 heats each for 4×100, 4×400, men, women and mixed) and will qualify 40 teams for the Summer Olympics.

Distinctly, the top two teams from each heat will directly qualify for the 2024 Games.

On day 2, 30 more national teams will be qualified through 15 heats and five finals, across those five events.

The upgrades which include new trusses, rooftops, seats, the lawn, score boards, LED displays and more, are expected to be complete at least two weeks before the relays, being held under the theme: ‘Chase the  Sun’.

In a special ceremony on Monday April 8, The Bahamas Prime Minister, Philip Davis said:

In December 2023, our shared vision took shape, as the government of the Commonwealth of The Bahamas, and the government of the People’s Republic of China, inked an implementation agreement for the renovation of the stadium. This gesture of goodwill and friendship, from the Chinese government to undertake the China Aid Maintenance and Renovation project of our national stadium, stands as a testament to the strong bonds that unite our countries. This project, executed by China Urban Construction Research Institute Company Limited, and the China Machinery Industry Construction Group Company Limited, reflects our shared commitment to excellence, innovation and mutual development.”

Additionally, H.E Dai Qingli, outgoing Chinese Ambassador to The Bahamas who also attended that ceremony, spoke.

“At the end of the project, the Bahamian people will get a fully renewed and modern world class stadium because everything is going to be either renewed or repaired,” she said.

Some 1,600 athletes will be in The Bahamas for the World Athletics relays, with five events.  The Bahamas won the bid over Lausanne, Rome in 2022.

Mario Bowleg,  Minister of Youth, Sports and Culture in reports, thanked China for their contribution to the redevelopment of the stadium.

“We thank them for their commitment to ensuring that they bring this facility back up to A1 standard so that we can continue holding international events and using these facilities as a development of our young people.”

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