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BAHAMAS: Minister Thompson: ‘Significant progress has taken place in GB in 2018’

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#Freeport, GB, December 18, 2018 – Bahamas – One of the visions of the Free National Movement Government for Grand Bahama in 2018 was to help place the island on a path of economic recovery, and then move it towards financial growth, “that was the goal of this government in Grand Bahama and we believe that significant progress has taken place – although there remains much more work to be done. 

“For the most part, we believe this government has begun to move Grand Bahama to the place where we would like to see it in the future,” said Minister of State for Grand Bahama, Senator Kwasi Thompson.

The Minister’s remarks came during a year in review by the Office of the Prime Minister in Grand Bahama to members of the local media on Sunday.  Minister Thompson said the year in review was a glimpse of a full year for the FNM Government, and thus it was necessary to point out some of the accomplishments for Grand Bahama in 2018.

Minister Thompson noted that Grand Bahama has played, and will continue to play a pivotal role in the overall economic resurgence of The Bahamas, and said that significance explained why the Prime Minister has taken a very personal and keen interest in Grand Bahama.

“It’s important to note that this year the tourism numbers for Grand Bahama are up,” said Minister Thompson. “According to the Ministry of Tourism and as reported by the Central Bank’s latest report, tourism stopover visitors in Grand Bahama have increased, year-over-year by 3.5 percent.

“The reason why this is significant is because last year’s numbers were a plunge of over 30 percent.  What’s even more important is the Airbnb information and report, which has suggested that those numbers for the country overall has increased.  But in particular for Grand Bahama, the bookings for Airbnb has increased this year for Grand Bahama by 44 percent.

“This represents the largest increase in that sector for the entire country.”

Also, this year, Minister Thompson noted that there has been a significant increase in revenue at Customs – an increase of $15 million with respect to Customs revenue in Grand Bahama.

Minister Thompson noted that the offering of free registration at Bahamas Technical and Vocational Institute (BTVI) for all qualifying Bahamians across the county has been significant.  For Grand Bahama, in particular, Minister Thompson said there has been an overall increase in enrollment by 70 percent as a result of this initiative by the government.

In the technology courses and degrees at BTVI, there has been a 97 percent increase in the Institute’s enrollment.

“So, we see that there has been a significant impact by the BTVI initiative [on the part of] the government and next year, the Prime Minister has committed that he will make the University of The Bahamas free for qualifying Bahamians as well,” added Minister Thompson.

The Minister pointed out that throughout 2018, a number of new businesses have opened in Grand Bahama by both local and foreign investors helping to stimulate the island’s economy.  Those companies include GIBC (a digital company); Bahamas Zipline at Pirates Cove (a $1.4 million investment); Eco-Oil broke ground for its new offices in Grand Bahama in June 2018 (a $10 million investment); Home Fabrics of Nassau, opened a branch in Freeport (a $2 million investment); Fowlco Marine Logistics Company (a $1.4 million investment); Goombay Land Skating Rink and entertainment Centre (a $500,000 investment) was renovated and reopened; Elnet Maritime Company broke ground to construct their new offices, (a $2.5 million investment); Coral Vita broke ground for its first land-based commercial Coral Farm; and Pharmachem began work on their $180 million expansion project.

As a result of these new businesses, employment on Grand Bahama has gone up as well, as Grand Bahamians were hired to work at these new and expanding businesses.  Labor on the blocks, which was a huge success in Nassau, came to Grand Bahama and saw the same success.  Some 1,500 Grand Bahamians turned out and registered and there were a number of people who were able to obtain employment on the spot, and many more received appointments for job interviews, as a result of the Labor on the Blocks program.

“We held a Job Fair and some seventy Grand Bahamians were hired by Quality Services and are employed at the expansion project at Pharmachem,” said Minister Thompson.  “Itelbpo’s expansion has opened the door for more Grand Bahamians to be hired, as the company moves towards its goal of hiring an additional 100 Bahamians.

“The OPM’s summer program was launched in June, which gave 500 young people job opportunities for the summer.  The government’s new ICT Summer program also took effect in 2018.  This program not only allowed students an opportunity to be trained at BTVI in Information, Communications and Technology courses, but a unique aspect of the program was that these students were paid a stipend to participate in the program. The program is expected to be expanded to New Providence.”

Minister Thompson pointed out that the Small Business Grant Program, which was launched by the Office of the Prime Minister, allowed 197 people to go through the Small Business Grant Program, where they obtained better business development skills.  Out of that number 87 people were given Small Business Grants, to the tune of over $370,000.

Perhaps one of the biggest events to take place in Grand Bahama during 2018 was the government’s decision to purchase the Grand Lucayan Resort.

“This was an investment to preserve the jobs of the employees working at the Resort, but also as a step to continue the redevelopment of Grand Bahama’s tourism market,” said Minister Thompson.

“The government has put in place an independent board that is now managing the resort.  As a result, that board has offered voluntary separation packages now in process, and negotiations between the two unions with respect to those voluntary separation packages.

“The government has approved a three million dollar renovation for the Resort.  Bids are out and the Board is evaluating those bids.  The government has received over 20 interests and potential offers for the purchase of the resort and we will begin to narrow that list down shortly.

“Let me stress that the government does not intend to continue to run the resort, but what we want to do is sell the resort to a qualified buyer as soon as possible.”

In November of 2018, Grand Bahama held its Second Annual Technology Summit, which brought together local, national and international experts and companies in the field of technology to exchange ideas about advancing technology around the world.

It was during that Summit that the Government of The Bahamas signed an MOU with Cisco Systems to provide further educational opportunities for Bahamians to be trained in the technology sector.

“One of the unique things that came out of this year’s Summit was the announcement by the Grand Bahama Power Company, who will be offering a GB Tech Hub special power rate particularly for those tech businesses who intend to open offices in Grand Bahama,” said Minister Thompson.

“It will also be offered to existing tech businesses who are expanding and hiring more employees.  They will also be able to take advantage of this special tech hub electricity rate.”

Minister Thompson said that there were a number of other events, projects and programs that have taken place in Grand Bahama to help stimulate and move the economy forward, including the continuation of projects like the building of the junior high school in Holmes’ Rock, the building of the Seawall in Smith’s Point, and the building of the bridge at the Fishing Hole Road.

He said he is excited about the possibilities that lie ahead for Grand Bahama in 2019 and looks forward to even more new businesses, particularly in the technology sector, to be opened in Grand Bahama.

Minister Thompson said that it is his belief that the special church service, which was held on Watch Night before the start of 2018 had very positive effects on the island.  The event, which gathered pastors, preachers and believers from throughout the island, was held at the Independence Park, where the New Year for Grand Bahama was ushered in.

“We believe that all of the achievements and success for Grand Bahama in 2018, is as a result of what God is doing in Grand Bahama.  And there is no doubt that the church service that was held to start off the New Year had a lot to do with that success,” said Minister Thompson.

 

By Andrew Coakley

Release: BIS

Photo Caption: Minister of State for Grand Bahama, Senator Kwasi Thompson, gave the media highlights of the government’s accomplishments in Grand Bahama for 2018, during a special press conference on Sunday, December 16, 2018. Minister Thompson said that while some progress has been made, there is still much more work to be done to fulfill the government’s vision for Grand Bahama. 

 

(BIS Photo/Andrew Coakley)

 

 

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Nassau Cruise Port Marks Sixth Anniversary with Exciting New Additions for Visitors and The community

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[Nassau, Bahamas, October 8, 2025] Nassau Cruise Port (NCP) proudly celebrates its sixth corporate anniversary by unveiling a series of transformative additions that further enhance the guest and community experience. The anniversary comes at a pivotal moment in the growth of the port, with the opening of a new swimming pool, an expanded marina, and a state-of-the-art ferry terminal that will support transfers to the Royal Beach Club, which is currently under construction on Paradise Island.

Since its $300 million redevelopment, Nassau Cruise Port – the largest transit cruise port in the world – has welcomed millions of visitors and become one of the most vibrant cruise destinations in the world. This anniversary not only reflects its commitment to delivering world-class facilities, but also its dedication to creating meaningful connections between visitors and the Bahamian community.

“This milestone represents much more than the passage of time,” said Mike Maura, Jr., CEO and Director of Nassau Cruise Port. “It reflects our promise to continually elevate the guest experience, contribute to the local economy, and provide opportunities for Bahamians. During our first year (2019) of operating the Nassau Cruise Port, Nassau welcomed approximately. 3.85 million cruise guests, and 2025 will see well over 6 million cruise visitors visit Nassau. Our focus on driving cruise tourism and the $350 million investment in our downtown waterfront is a testament to our vision of making Nassau a premier cruise and leisure destination.”

The new pool offers a refreshing retreat for visitors enjoying Nassau’s waterfront, while the expanded marina will accommodate additional yachts, boosting tourism and local commerce. The ferry terminal expansion enhances passenger flow and supports convenient, seamless transfers to the Royal Beach Club, strengthening Nassau’s position as a hub for Caribbean cruising and leisure.

As part of its anniversary celebrations, NCP will host a series of internal and external activities to celebrate its team and to highlight its ongoing investments in the Bahamian economy, including job creation, local vendor opportunities, and cultural showcases at the port.

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Next U.S. Ambassador?  Walker Pledges Business-Driven Approach as U.S. Looks to Counter China in The Bahamas

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Deandrea Hamilton | Editor

 

The Bahamas, September 16, 2025 – For the first time since 2011, the United States is on the cusp of sending an ambassador to The Bahamas — and the nominee, former football star turned entrepreneur Herschel Walker, is promising to bring his business instincts to the diplomatic table.

Speaking before the Senate Foreign Relations Committee last week, Walker underscored that his background in food-service companies and small business leadership has prepared him to think practically about investment. “I know how to run a business, how to create jobs, how to make payroll. Those lessons translate into building relationships and building trust,” Walker said.

Walker, who was nominated by President Trump in December 2024, faced the Senate Foreign Relations Committee on September 11. As of now, he has not yet been confirmed; his nomination remains under review, pending a committee vote before it can move to the full Senate. If approved, he would become the first U.S. ambassador to The Bahamas since 2011.

For years, U.S. officials have stressed security and counternarcotics cooperation with The Bahamas, including through “Operation Bahamas, Turks and Caicos.” But in areas like infrastructure, medical care, and long-term investment, Washington has often been absent.

Hospitals and clinics remain under-resourced, and hurricane recovery has been slow in many islands. Chinese state-backed firms, by contrast, have shown up with financing packages and construction deals — a presence that has raised alarms on Capitol Hill.

“Only 50 miles off our shore, The Bahamas is too important for us to ignore,” warned Senate Foreign Relations Committee leaders during Walker’s hearing. They called China’s inroads “strategic, not charitable,” suggesting Beijing’s long game is about ports, proximity, and political leverage.

Walker positioned himself as a nontraditional but pragmatic envoy. He argued that his business career, rooted in private sector success, equips him to champion American investment in The Bahamas.

He pledged to:

  • Promote U.S. companies interested in medical and infrastructure projects.
  • Support an environment that encourages American investors to see The Bahamas as more than just a beach destination.
  • Highlight opportunities for partnerships that improve public services, healthcare, and resilience against hurricanes.

“I’ve built businesses. I know what it takes to attract investors and create opportunity. That is exactly what I intend to bring to our relationship with The Bahamas,” Walker said.

The Bahamas is not just a tourist paradise. It’s a frontline state in migration, drug interdiction, and hurricane response. More than six million U.S. visitors travel there annually, making stability and safety a U.S. domestic concern as much as a foreign policy one.

And yet, with the ambassador post vacant for 14 years, the U.S. has often looked detached — opening space for China’s ambitious Belt and Road agenda. The fear is that infrastructure deals signed today could give Beijing leverage in the region tomorrow.                                                                                                                                                                                                                Walker’s confirmation would symbolize a course correction, signaling Washington’s intent to re-engage not only in security but in the economic future of The Bahamas.                                                                                                                                                                                                                    Not everyone is convinced Herschel Walker is the right man for the job. His nomination revived controversies from his 2022 Senate run, including past allegations, public gaffes, and doubts about whether he has the diplomatic polish the post demands. Some senators and analysts questioned whether celebrity and business experience were enough for a role requiring nuance in foreign policy and geopolitics.

Critics argued that The Bahamas, sitting just 50 miles from Florida and facing intense Chinese interest, deserves a seasoned diplomat rather than a political ally.

Walker confronted those doubts head-on. “People have underestimated me all my life — in academics, athletics, and business,” he told the Senate Foreign Relations Committee. “And I have always proven them wrong, through discipline, determination, and by outworking everyone.”

He admitted he had never served as an ambassador but countered that his career prepared him in other ways: building businesses, managing payrolls, and connecting with people from all walks of life. He framed his business background as a strength, promising to use it to encourage U.S. investment in healthcare, infrastructure, and hurricane resilience projects in The Bahamas.

Rather than sparring with critics, Walker leaned on confidence and persistence: “I know how to build trust and find common ground. That’s what this relationship needs.”

If confirmed, Walker would have to balance his role as diplomat with expectations of being a commercial cheerleader for U.S. firms. His emphasis on entrepreneurship suggests a willingness to push U.S. businesses toward opportunities in healthcare, ports, and post-storm reconstruction — areas where Bahamians say they need the most support.

For Bahamian officials, the question will be whether Washington is prepared to back words with financing. U.S. private sector dollars, paired with aid and development partnerships, could help shift the tide against Chinese influence.

For Walker, the test will be whether his business acumen can translate into diplomatic wins — giving Bahamians alternatives to Beijing, while deepening the U.S. role in the Caribbean.

Analysis: If Walker delivers, this appointment could mark a turning point: a U.S. strategy that recognizes that in the Caribbean, investment is diplomacy.

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Conflicting Reports as Grand Bahama Awaits Its New Airport: What to Believe?

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Deandrea Hamilton | Editor

 

September 16, 2025 – Grand Bahama’s wait for a modern international airport has taken another dramatic turn. Just days after reports surfaced that the $200 million redevelopment had collapsed because partners failed to secure financing, the government is now insisting the project is alive and well — with funding in the “final stages” and construction on the horizon.

Earlier This Week: Airport Deal in Dire Straits

The week began with grim headlines. Deputy Prime Minister and Aviation Minister Chester Cooper confirmed that private partners in the much-heralded consortium had not produced financing. “Regrettably, the funding had not happened,” he admitted, sparking widespread fears the deal had crumbled.

Those admissions triggered a storm of skepticism in Freeport. Back in February, the government had declared the airport deal “finalized,” naming Aerodrome Ltd., Manchester Airport Group, and BHM UK as partners. They promised demolition within 30 days, designs in 45 days, and a new terminal by year’s end. But now, more than four months later, not a single milestone has been delivered.

For residents and business leaders, the collapse narrative confirmed their worst fears: that Grand Bahama was once again being strung along with empty promises. Long-stay tourism — the kind that sustains hotels, restaurants, taxis, and shops — depends on a functioning airport. Without it, the island’s economy remains hobbled.

Today: Government Pushes Back

But late Thursday, the government issued a forceful rebuttal. “The redevelopment of Grand Bahama’s International Airport remains a central priority for this administration and is key to the island’s economic renewal,” the statement read. Officials stressed that they are “in the final stages of securing funding and concluding agreements on airport management.”

The statement went further, clarifying the role of Manchester Airport Group, the UK’s largest airport manager. MAG, it said, was never meant to provide financing but remains a core partner in shaping the airport’s development and management. Bahamian contractors, the government insisted, are part of the team tasked with delivering the facility. “Our focus is on results,” the release concluded. “Grand Bahama will have the airport it needs to grow, attract investment, and strengthen its role as a gateway to The Bahamas.”

Who Should Grand Bahama Believe?

The conflicting narratives — one of a deal in “dire straits,” the other of a project in “final stages” — have left Grand Bahama residents struggling to know what to believe. Is the airport project truly on life support, or is the government simply playing its hand close until funding details are nailed down?

Skeptics point out that this is hardly the first time the airport has been declared a priority only to see little follow-through. Promises in 2023, in February 2025, and again in summer 2025 all failed to produce visible progress. Each missed deadline has chipped away at public trust.

Supporters of the government counter that large infrastructure projects are inherently complex, with legal negotiations and financing arrangements often dragging longer than planned. They argue that the continued involvement of Manchester Airport Group is evidence the project is still credible.

The Bigger Picture

Grand Bahama’s airport troubles are intertwined with the stalled $120 million Grand Lucayan hotel sale, which also remains without visible progress 129 days after it was announced. Business leaders insist both projects must move together if the island is to see real recovery. A luxury resort without a modern airport is as unviable as an airport without hotel rooms to fill.

For now, the people of Grand Bahama are left in limbo. This week they were told the airport deal had failed. Today, they’re being told it’s moving forward. The only certainty is that, nearly a year after the latest round of promises, not a single crane has touched the sky.

As one resident put it: “We don’t need more statements. We need to see bulldozers.”

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