Freeport in Shanghai
Officials of the Grand Bahama Port Authority's Business Development Department recently took part in the Free Trade Zone & Special Economic Zone Summit held in Shanghai, China recently. According to a report, more than 400 senior executives and investors from China's most powerful, private & state-owned enterprises, along with representatives from countries around the world, were in attendance at this Free Trade Zone & Special Economic Zone Summit held in Shanghai, China. While there the Grand Bahama Port Authority, Limited (GBPA) showcased the value of Freeport and competed for Foreign Direct Investment (FDI) opportunities that could be made possible by way of China's increasing Outbound Direct Investment (ODI). Sr. Manager of Business Development for GBPA, Derek Newbold, in an exclusive speaking opportunity, prominently featured Freeport as the Free Trade Zone of The Bahamas, which provides access to key western markets by virtue of its proximi...