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Minister Moxey says investor confidence in Grand Bahama is strong

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FREEPORT, Grand Bahama, The Bahamas — Addressing some important initiatives and developments that are shaping the future of Grand Bahama, Minister for Grand Bahama, the Hon. Ginger Moxey said she was pleased to report that on-going investments on the island demonstrates strong investor confidence in the potential of the Grand Bahamian economy.

Her update also provided insight and information on various opportunities which she anticipates will have a positive impact on the lives of residents of the island.

“The recent developments and investments that have taken place on the island are a testament to the commitment to investments to creating a thriving business environment on Grand Bahama,” said Minister Moxey, during the Office of the Prime Minister’s Weekly Press Briefing, in the conference room of the Ministry of Grand Bahama on Thursday, May 18, 2023.

Minister Moxey pointed to projects like the proposed redevelopment of the Grand Bahama International Airport, the new owners of the former Equinor Terminal, a number of new Resorts expected to come online, as well as a number of local investor companies.

“The Carnival Cruise Port is proceeding very well,” said Minister Moxey. “We get monthly updates on the project and I’m excited about the development taking place there. It’s pretty much on schedule. The Investment of O2 in the Lucayan area is proceeding very well. The land has been cleared and infrastructure is in place. That’s going to create additional opportunities for our people in terms of employment. The Sixth Sense Resort is also on the way and they’re committed to building this in the Discovery Bay area. It will enhance the island’s tourism offering.

“The consistent airline arrivals are encouraging. We have some more work to do, but with the restoration of the new airport, that is expected to increase the numbers. I’m pleased that we are almost there at pre-Dorian, pre-pandemic numbers.

“Equinor was sold to Levithon and it is exciting what’s going to be happening there within two months, during which time there will be some three hundred people on that site with lots of construction for the redevelopment of that industry.”

Minister Moxey said the projects represent diverse assets in the island’s tourism, health care infrastructure and renewable energy sectors. She said she’s committed to creating an environment that supports and encourages such investments in the island’s economy.

“I am committed to working tirelessly to ensure that our island thrives,” she added. “I also want to ensure that our people thrive as well.  So, the question is ‘how do we lift our people up along with the projects and investments? How do we create entrepreneurial opportunities for our people?’

“Together, let us embrace these opportunities and build strong partnerships, as we continue to recover, rebuild and revolutionize Grand Bahama.”

In addition to direct foreign investment, Minister Moxey revealed that the government is taking the initiative to promote the positive opportunities which are available in Grand Bahama. The Minister pointed to several promotion trips and missions which the government have embarked upon recently in North Carolina, Charlotte, Ottawa and Canada, touting the investment opportunities that exist in The Bahamas, Grand Bahama in particular.

“But we’ve been focusing on innovation,” added Minister Moxey. “In our Blueprint for Change we promised that the Digital 700 would herald transformational opportunities, including new jobs, new services, new industries, and new markets. We’ve also committed to focusing on attracting investment and industry across all sectors. To equip and engage with our embassies, consulates, and the diaspora to assist with promotions. To partner with international organizations for business cultural tourism, educational and humanitarian exchanges. And to advance the Bahamas as a digital society inclusive of smart technology.

“That’s business tourism, agri-tourism, edu-tourism, heritage and film tourism, executive education and smart cities. We formed a partnership in Ottawa with what is called Hub 350 in the development of our own Innovation Hub.”

Minister Moxey spoke of an upcoming trade and investment mission that is in collaboration with the Caribbean Export Development Agency. It will be held in Ghana and in Lagos, Nigeria. Minister Moxey, who will be travelling with other Government officials on these missions, will be presenting the significant opportunities that Grand Bahama possesses. It will allow the Government of the Bahamas to forge strong trade ties and explore potential investments between Ghana, Nigeria, and The Bahamas.

According to Minister Moxey, this relationship opportunity with Africa is very important for The Bahamas.

“The opportunities in Grand Bahama are endless,” added Minister Moxey. “We are strategically located so close to the state of Florida; we have a major trans-shipment terminal; we have distribution and logistics capabilities; we have a free trade zone in this area, so we’re very attractive for investments. We have identified Grand Bahama Island as the home of maritime and logistics, which it has been for a very long time, but it is also the home of entertainment and the home of innovation.

“As a result, we are supposed to be innovating. We’re supposed to be piloting a lot of these projects that will take The Bahamas to the next level. I believe the opportunities in Grand Bahama have not been tapped into the way they should be.”

(BIS Photo)

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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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