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Showing posts with the label Deep Water Cay

Bahamas parliament update on Hawksbill Creek Extension of Tax Exemption Period Amendment Bill 2016

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Nassau, Bahamas - Communication by The Rt. Hon. Perry G. Christie Prime Minister and Member of Parliament for Centreville on The Hawksbill Creek Grand Bahama (Deep Water Harbour And Industrial Area) Extension of Tax Exemption Period Amendment Bill 2016 on Wednesday, February 17th, 2016: Mr. Speaker, At the outset of my contribution to the debate on the Bill now before us to extend for three months the expiring concessions under the Hawksbill Creek Agreement I should point out that this extension will allow my Government the time needed to conclude a set of important arrangements to further strengthen and expand the economy of Grand Bahama. When my administration took office less than four years ago, the economy of Grand Bahama was depressed with high unemployment and resultant economic hardships. From then until now we have put in place a series of initiatives and created the environment not only to turn the economy around but to secure future growth. Tourism was in seve...

Budget debate promises for Grand Bahama

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Last week the Prime Minister of the Commonwealth of The Bahama Hon. Perry Christie presented the 2015/2016 budget from which we look specifically at what is being set aside for Grand Bahama: "Grand Bahama  Grand Lucaya/Sunwing "Hutchison Whampoa has announced a $5 million investment in renovation of its Lighthouse Pointe Hotel and refurbishment of its 198 rooms, suites and associated facilities, planned for completion in November 2015 in time for the winter season. "The Sunwing Group continues to boost arrivals and acceptance at Memories Resort in Freeport. In addition to Sunwing Airlines winter fights from seven (7) Canadian cities in Freeport, it will also operate flights from six (6) U.S. countries this summer, with the first flight arriving from Houston this weekend. Bookings are already well ahead of last year. "New Cruise Port "My Government is progressing in its negotiation with Carnival Cruise Line and Freeport Harbour Company for the devel...