2015 accomplishments
No the year is not over but I wonder what is going on in this island.
All good I must add, but unexpected and it makes me wonder if Grand Bahama is getting ready for new owners of the Grand Bahama Port Authority, new investors or just a brighter Christmas.
Over the past year we have been watching to work on the new bridge to the east connecting once again the Grand Bahama Highway over the waterway. It looks like this bridge will be ready for Christmas.
This would have taken a lot of change for the Grand Bahama Development Company.
We have seen the creation of one round about on the East Sunrise Highway and another one in the middle of being created and should also be ready for Christmas.
Maybe I'm just Christmas centric.
It could be the Texan and Chinese investors coming to Grand Bahama during this month that we are trying to impress to get more investors in the island.
Whatever the reason, the island is looking better.
After talking about the need for some, it appears that we are getting sidewalks which we see going on along East Sunrise Highway.
This could say that the economy is doing better because of all these construction related activity but they are all part of the Grand Bahama Port Authority.
What is good is that the sluggish real estate business has seen some lift with the sale of repossessed properties as we see the listings get shorter and shorter. This is not real that estate brokers are selling them but they are going.
It's just another three months left (two if you dont count this month) to some changes expected with the amendment to Hawksbill Creek Agreement expected in January. Three tax agreements were to fall away in August and the Government was to make a decision on what would happen but they expended it for six months with decisions to be made in January.
A committee was formed to assist in coming up with ideas for Freeport/Grand Bahama and handed off their findings before the deadline but we are still waiting to find out what will be done.
Will it be beneficial to all concerned?
We wait.
Send your thoughts to yasmin@bluenoteines.com or leave comments on this page.
Comments
Post a Comment