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The Five Groups make shortlist for Airport Redevelopment Project, announces TCIAA

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Dana Malcolm

Staff Writer 

 

#TurksandCaicos, March 3, 2024 – Five groups are vying for the contract to redevelop the Howard Hamilton/Providenciales International Airport and eventually take control of its day-to-day operations. Most are made up of at least one international and one local Turks and Caicos partner making sure that a portion of the revenue will go directly to a local company.

Included in the list are large UK and Canadian companies with portfolios including some of the biggest airports in Northern America and Mexico.

In this public private partnership the Government will retain some of the cash, but how the split will be decided has not been shared with the public. The contractor will control the revenue and turn over an agreed portion to the Turks and Caicos Islands Airports Authority (TCIAA) at agreed intervals.

Shortlisted for the contract, which could stretch as far as 30 years are:

  1. Manchester Airports Holdings Limited, Winward Management Ltd., and BHM Construction International (UK) Ltd.

The Manchester Airport Group is a leading UK airport group that owns and operates Manchester, London Stansted and East Midlands airports while Winward Management is a UK Hotel management company.  BHM Construction International is also listed as a UK construction company specializing in Civil Engineering and Heavy Construction projects worldwide.

  1. Ferrovial Airports International SE, and Projetech Construction Management and Services Ltd.

Ferrovial Airports International is a UK-based company specializing in transportation infrastructure and describes itself as an expert at developing, managing and operating airports. Projects include Heathrow Airport, Glasgow Airport and others.

The local side of this partnership is carried by Projetech Construction Management & Services Limited. The company describes itself as a large-scale commercial construction, hotel and luxury custom home & villa builder of choice in the Turks and Caicos; having operated for over 25 years and across over 350 projects.

  1. Aecon International Construction Services Inc., Olympic Construction Ltd., and VINCI Airports SAS.

Aecon is a Canadian company and claims via its website to have successfully executed some of the world’s most complex infrastructure projects. Projects include powerlines, water projects, major refurbishments to nuclear sites and more.

On the other hand Olympic Construction Limited says it has been building in the Turks and Caicos for over 30 years with schools, wellness centres and luxury villas included in its portfolio.

Rounding out this trio is VINCI Airports; a global airport operator with operations in 13 countries at over 70 different airports. VINCI claims to design as well as help to develop airports and deliver an improved passenger experience.

  1. Regis Holdings S.A.,HAB Limited, doing business as International Limited, and Bouygues Batiment International.

According to the Regis Holdings LinkedIn page, the company is a Global Procurement Company dealing in 3 primary sectors, supplying materials, ready-made buildings and armored vehicles.

The HAB Group is a TCI-based company which has been operating since 1983 in property development. Under its belt are luxury beachfront condominiums and commercial properties including the Royal Turks and Caicos Golf Course.

Their partner in the venture, Bouygues Bâtiment International is a subsidiary of Bouygues Construction, and claims to have specialised in complex international building projects for over 50 years. The company is present on five continents and in nearly 30 countries. Bouygues says they believe deeply in: “Respect for territories and populations, with strong involvement of our subsidiaries in the social and economic development of the countries in which we build.”

  1. Grupo Aeroportuario del Pacifico S.A.B. de C.V., and John Redmond Associates Ltd.

Unlike the majority of applicants, Groupo Aeroportuario del Pacifico is a Mexican Group. Currently it operates 12 airports in the Pacific region of Mexico according to its website. Its catalogue includes La Paz, Los Cabos, Puerto Vallarta and Manzanillo, serving main tourist destinations.

The group says (much like the intent of the Turks and Caicos government,) the airports were managed by the Mexican Government and they were commissioned as part of a country initiative to privatize and improve the quality and safety of the airport services in the country. At least 85 percent of the company’s shares trade publicly.

Their partners in the venture, John Redmond Associates are a Turks and Caicos Architectural Company providing architectural, design and project management services for over 25 years. ‘Where When How Turks and Caicos’ cites preservation and enhancement of the natural beauty and sensitive environment of this country as an integral component of John Redmond Associates design and planning.

The successful company group will be awarded a contract with the government (Public-Private Partnership) and will undertake the funding of the redevelopment. As for how that will be repaid;

“There are no payments to be made to the private partner,” said Selvyn Hawkins, Executive Chairman of the TCIAA to Magnetic Media in 2023. Instead, the Government will proceed with a revenue share deal with whichever company is chosen. Hawkins broke down what this means for taxpayers.

“The private partner will design, finance, build, manage and maintain the airport. The costs are their own. In return, they will have to pay TCIAA a share of the revenue made during the period of concession.”

The redevelopment must be done within the first five years of the contract.

Bahamas News

Freeport Business Expo to connect Grand Bahama businesses and entrepreneurs to expert resources  

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Grand Bahama Port Authority, Limited

 

 April 29, 2024 – Freeport, The Bahamas – In line with its mission to create a stronger, more connected Freeport economy, the Grand Bahama Port Authority, Limited (GBPA) is pleased to share details of the upcoming Freeport Business Expo: Tourism Edition, taking place on Thursday, May 2, 2024 at the Grand Lucayan Convention Center in Grand Bahama.

“As the GBPA continues its work to attract investors to Freeport, we offer this showcase of local and international businesses offering services and opportunities to potential and existing licensees,” stated Ian Rolle, GBPA President. “This Expo will not only connect unique international service providers with Bahamian entrepreneurs aiming to introduce new tourist attractions, but also bring together financing institutions to support Bahamian-owned start-ups and existing businesses in the industry.”

The emphasis on tourism at the 2024 Expo ensures that those in tourism-focused businesses are certain to benefit. The event will offer opportunities to meet potential business partners, gain insight on financial opportunities, engage with leaders in workshops and one-on-one sessions, and get answers on starting a Freeport business and obtaining a GBPA license.

“We regularly host community business expos,” said Glendia Sweeting, Manager of Quality Assurance and Special Projects.  “But we recognize the significant benefit of an expo focused on enhancing tourism business offerings through connecting international service providers and Bahamian entrepreneurs. We have more than thirty local and national exhibitors taking part on May 2nd, along with several international service providers.”

Multiple investment projects currently in progress and planned in the city of Freeport is creating anticipation for existing and potential entrepreneurs and this expo is geared towards preparing them for these opportunities.  “Grand Bahama is going to experience a significant growth spurt in the next one to three years.  I would strongly encourage everybody who wants to get involved in business to look at Grand Bahama as one of the top choices, especially over the next three years,” said Mr. Rolle.

The Expo opens on Wednesday, May 1st with a welcome reception from 6:00 p.m. to 8:00 p.m. A full day of learning and networking opportunities follows on Thursday, May 2nd. GBPA’s partners in the Freeport Business Expo include:

  • Grand Bahama Island Promotion Board
  • Ministry for Grand Bahama
  • Grand Bahama Chamber of Commerce
  • Ministry of Tourism
  • Bahamas Immigration
  • Bahamas Customs
  • Five Star Shipping Company
  • Viva Wyndham Fortuna
  • Bahamas Air
  • Grand Lucayan Hotel

Registration for access to the Expo’s exhibitors is free, and all-access passes are available for purchase. Event details and registration information may be found at freeportbusinessexpo.com.

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Sister Province/Island Relationship Agreement Signed between Grand Bahama Island and Hunan Province

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By LLONELLA GILBERT
Bahamas Information Services


NASSAU, The Bahamas — A significant milestone was made in the development of bilateral relations between the Governments of The Bahamas and the People’s Republic of China by the signing of the Sister Province/Island Relationship Agreement between Grand Bahama Island and Hunan Province.

The signing took place at the Ministry of Foreign Affairs on Tuesday, April 23, 2024.  The Hon. Ginger Moxey, Minister for Grand Bahama; the Hon. Dr. Michael Darville, Minister of Health and Wellness; Kingsley Smith, Parliamentary Secretary in the Ministry for Grand Bahama and Joel Lewis, Permanent Secretary in the Ministry for Grand Bahama represented The Bahamas at the signing.

His Excellency Mao Weiming, Governor of Hunan Provincial People’s Government; Qu Hai, Secretary General of Hunan Provincial People’s Government; Cui Wei, Charge d’Affaires, Embassy of the People’s Republic of China; and Yang Peiran, Interpreter represented the People’s Republic of China.

Minister Moxey explained that in February 2022, she and the former Chinese Ambassador to The Bahamas, Her Excellency Dai Qingli began discussion on the establishment of a province-island relationship between Hunan Province and Grand Bahama Island because of their “immense synergy”.

“Hunan has a vibrant creative industry and its capital city, Changsha is known as the entertainment capital of China, whilst Grand Bahama is poised to become the home of entertainment in ‘Our Bluepoint for Change’.”

She said Hunan Province boasts 11 industrial sectors and Grand Bahama is the industrial capital of The Bahamas.  Further, innovation driven development has been a new driving force for Hunan, while Grand Bahama is poised to become the home of innovation for The Bahamas.

Minister Moxey said she is confident that an exchange of knowledge, ideas and culture will happen between the residents of Hunan Province and Grand Bahama.

“There is potential for robust trade in various sectors, opportunities for tourism promotion and intercultural appreciation, exchanges to support performing arts programs on our island, foster growth within the Orange Economy, and tap into China’s innovation, technology and vast expertise.”

She said that the formal signing aligns with the mission of Sister Cities International, which is to promote peace through mutual respect, understanding and cooperation, one community at a time.

The Minister said, “Through collaborative programs and initiatives, this connection will support the government’s vision to diversity Grand Bahama’s economy to become the Home of Maritime and Logistics, Home of Events and Entertainment and Home of Innovation.”

She noted that in addition to signing the agreement, she looks forward to Grand Bahama residents benefitting from the signing of the Cooperation Memorandum of Understanding between Central South University and University of The Bahamas (UB), which will expand educational and technical cooperation between the two universities.  The northern campus of UB is located in Grand Bahama.

His Excellency Mao Weiming said although geographically far apart, China and The Bahamas are friends with mutual respect and understanding as well as sincerity.

He explained that 27 years ago, both countries established diplomatic relations and China and The Bahamas have deepened their cooperation, strengthened their friendship and carried out many activities in the field of economy, trade and people-to-people exchange.

His Excellency recalled that in August 2022, he and Prime Minister and the Minister of Finance the Hon. Philip Davis had a video conference where they both reached a consensus to cooperate in order to usher a new chapter in the relationship between Hunan and The Bahamas.

“Today, we are here to sign a sister-to-sister relationship between Hunan and Grand Bahama.  It is [a] concrete move to implement our consensus reached before and also to embark on a new journey of friendly exchanges.”

He added, “By establishing the relationship of sister cities, I believe the two sides will develop further in terms of economic and trade cooperation, people to people exchange, as well as friendship, and we will embrace new opportunities and deliver concrete benefits for the two peoples.”

He explained that Hunan, which is the home town of Chairman Mao, the founder of the People’s Republic of China, has developed very advanced industries of manufacturing, agriculture, education, culture as well as tourism.

His Excellency said he believes that Hunan and Grand Bahama enjoy very broad room for cooperation.

He said, “More efforts should be made to conduct cooperation in the fields of agriculture, tourism, culture, education and the film industry so as to realize a connectivity between our two sides in terms of logistics and the platform cooperation; so as to deliver concrete benefits for the people and to make our due contribution to the bilateral relationship between China and The Bahamas.”

 

PHOTO CAPTION

A significant milestone was made in the development of bilateral relations between the Governments of The Bahamas and the People’s Republic of China by the signing of the Sister Province/Island Relationship Agreement between Grand Bahama Island and Hunan Province.  The signing took place at the Ministry of Foreign Affairs on Tuesday, April 23, 2024.  Shown from left: Qu Hai, Secretary General of Hunan Provincial People’s Government; Cui Wei, Charge d’Affaires, Embassy of the People’s Republic of China; Yang Peiran, Interpreter H.E. Mao Weiming, Governor of Hunan Provincial People’s Government; the Hon. Ginger Moxey, Minister for Grand Bahama; the Hon. Dr. Michael Darville, Minister of Health and Wellness; Kingsley Smith, Parliamentary Secretary in the Ministry for Grand Bahama and Joel Lewis, Permanent Secretary in the Ministry for Grand Bahama.

(BIS Photos/Anthon Thompson)

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Bahamas News

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 to 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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