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Showing posts from December 8, 2013

Concessions soon to end in the Hawksbill Creek Agreement

So we have looked at the “Bend or Break” speech, checked out it results, (a quasi order for Bahamians to become unequal business partners) and the fall out from all of it. We have also looked at the actual Hawksbill Creek Agreement. I can say for the most part the Port Authority has lived up to its part on the bargain for most of the agreement. For some they may not have done so as a body, but they were intricate in “causing” such things to be done. We have the deep water harbour and commerce that arrived including the industrial businesses in the “Port” area. However, there were three portions of the agreement that are being debated even now and are up for review. The bottomline on the part of promises from the part of the Port Authority were met as promised. The promises by the Government by and large were met, but there were concessions that ran out in 1992, and were prolonged to 1993 when some amendments were made to the agreement. This time, the Port Author