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PM: “We are embarked on a dynamic new era of innovation and transformation in The Bahamas”

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#Freeport, GB, November 15, 2018 – Bahamas – Officially opening the 2nd Grand Bahama Technology Summit on Wednesday, November 14, Prime Minister, Dr. the Most Hon. Hubert Minnis shared how government is using technology to improve many aspects of national life.

The three-day summit is now in session at the Grand Lucayan resort under the theme, ‘The Future is Now.’

The Prime Minister announced that the mission and commitment of The Bahamas to become a regional leader in Information and Communication Technologies (ICT) recently resulted in our becoming a Council member of the United Nation’s International Telecommunication Union (ITU) during a conference held in Dubai a week ago.  The ITU is the world’s highest body with ICT policymaking in three sectors: Radio Communication, Telecommunication Standards, and Telecommunication Development.  This seat, he said, will be beneficial to the region and The Bahamas, as ways to improve the lives of residents are sought.

The Prime Minister said, “My government has prioritized the preparation of The Bahamas to take greater advantage of technology as we are engaged in a new era of innovation and transformation in our economic, social and national development.

“Accordingly, this year’s theme, ‘The Future Is Now,’ addresses the development of our human capacity in meeting the demands of this sector, including opportunities for Bahamian empowerment and ownership.”

The goal, said the Prime Minister, is to develop successful programs in educational institutions and develop partnerships with international organizations.  An example of this is the tuition-free program offered at the Bahamas Technical & Vocational Institute (BTVI) for qualified students.  In Grand Bahama, the overall enrollment at BTVI has increased by 70 percent, and in ICT courses, the increase is 97 percent.

Prime Minister Minnis encouraged Bahamians to take advantage of the opportunity as they can receive an Associate’s Degree or Certificates in Business Office Technology, Information Technology Management, and Software and Network Engineering, free of charge to all Bahamians who qualify.

“My government is also committed to making the University of The Bahamas, including its ICT Programs, free of charge beginning 2019.  Under our administration every Bahamian who qualifies will have the opportunity for free tertiary education, including ICT qualifications.”

The Prime Minister also shared information on the Over-the-Hill Community Development Partnership Initiative, which calls for establishment and strengthening of Smart Technology in communities, schools, homes and public spaces.  Benefitting from the project already is Willard Patton Pre-School.

“This is in keeping with my government’s ongoing efforts for education reform through the use of technology and experience-based-education.

“Further, we have established an Over-the-Hill community web-portal app to coordinate and share information on programs offered by community groups.

“I look forward to The Minister of Education’s presentation on the government’s recent launch of the fiber optic technology upgrade throughout the government-operated school system.  This upgrade will ensure that each school is a fully computerized smart school. Also, each school will be provided with tablets to facilitate this digital initiative.”

These efforts will connect the major communities throughout the archipelago.

“During my tenure as Minister of Health, we made advances in telemedicine, which helped to improve health care for citizens and residents who were able to connect remotely to our major hospitals in New Providence and Grand Bahama.”

Smart technology through the use of drones is being used in National Security, providing law enforcement with enhanced surveillance and reconnaissance capability.

“Shot Spotter Technology (SST) will revolutionize crime fighting in The Bahamas.  This technology will provide police officers in patrol cars and police control room with real time data on the precise location of a gunshot that was fired. 

“These advancements in technology demonstrate my government’s commitment to utilizing technology-based innovations to maintain safety and security.

“Good data is instrumental for decision-making and good governance.”

Prime Minister Minnis continued, “Ladies and Gentlemen:  The Prime Minister’s Delivery Unit or PMDU was established earlier this year.  It supports government ministries and agencies in driving the implementation of key objectives through data-driven decision-making.

“As we embrace the multi-faceted uses of technology for the advancement of Bahamians, steps must also be taken to position our country as a technology centre of our region. 

“At this year’s summit, we will also advance discussions on the framework and regulatory procedures to encourage and support crypto currency assets and related instruments.

“Companies that utilize blockchain technology as a basis for their new products and services, represent the genesis of a new wave of innovation.

“There is no reason why these new blockchain technology companies that have their eyes on global markets cannot have their base of operations here in The Bahamas.

“A recent release by The Central Bank of The Bahamas on crypto assets stated that we must: ‘enhance the sector’s competitiveness without compromising the integrity and international reputation of The Bahamas, or undermining the financial safety of Bahamian households’.”  

The immigration policy of the country is currently being revamped, he said, to attract new business and is currently considering draft legislation for a special BH1B Visa, as recommended by the Grand Bahama Technology Steering Committee.

“Our E-government transformation has begun.  Government must work for its citizens in new and innovative ways.

“We will also advance discussions on how we can increase and integrate our online services in order to provide more efficient and effective service to Bahamians and residents. These include: providing a single online window facility through which multiple services can be accessed; interoperability for transporting data securely between relevant agencies and clients; data ownership; and retraining for citizens and public officers.”

In closing, the Prime Minister said, “Paramount to our success is strengthened partnerships with you, our domestic, international and regional partners and stakeholders. We are especially pleased that next year, Dell, one of the most recognized technology leaders in the world, will host one of its technology conferences in New Providence.

“These are the types of relationships, based in technology, that validate our drive and determination to reap multiple benefits.  We are embarked on a dynamic new era of innovation and transformation in The Bahamas.  We are pro-actively embracing the vast benefits of technology to boost growth and productivity, as well as employment and entrepreneurship.”

 

By Robyn Adderley

Release: BIS

Photo Caption: Prime Minister of The Bahamas, Dr. the Most Hon. Hubert Minnis officially opened the 2nd Grand Bahama Technology Summit on Wednesday, November 14, 2018 at Grand Lucayan Resort.  Members of the Cabinet, senior government officials, leaders in the technology world and students were all present for the event.  

 

(BIS Photo/Andrew Miller)

 

 

 

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Bahamas News

GBPA’S STATEMENT IN RESPONSE TO THE ADDRESS OF PRIME MINISTER PHILIP DAVIS AT THE G.B. CHAMBER’S BUSINESS MEETING ON MONDAY, MAY 6TH, 2024

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The Grand Bahama Port Authority has taken note of calls from our licensees, the residents of Grand Bahama and several current investors for a response to Monday’s address by Prime Minister Davis.

We take this opportunity to once again reassure these valued stakeholders that GBPA remains laser-focused on the task at hand. We are working every day to deliver the $2B-plus of investments which the GBPA Group of Companies, through its affiliates, either initiated, is invested in, or is contractually involved in creating, and was instrumental in bringing the investors to the table.

At the same time, it is important that GBPA corrects any inaccurate, incomplete or selective representations regarding matters that impact our stakeholders. In the near future, therefore, GBPA intends to host a live event with its stakeholders to ensure that all the matters discussed in the public domain are placed in their proper context and the historical record is set straight.

In the meantime, we encourage our stakeholders to remain confident in the resilience and potential of Freeport, and in our pledge to continue working diligently to see a prosperous future for Grand Bahama.

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Bahamas News

Bahamas economic growth

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Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

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Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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