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Showing posts with the label Memories

Big business expansions for Grand Bahama ... more employment

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The Prime Minister Perry G. Christie was a speaker at the recent Grand Bahama Business Outlook at which time he said he was still optimistic about Grand Bahama. Under this year's theme of "A Bold New Agenda: the next 25 years" he said his Government is setting the stage for the solid recovery and expansion of our economy. "I cannot underscore more emphatically the point that we have embarked on a course of action and on a broad consultative platform that will lay the ground work for a stronger and more prosperous economy, particularly for  Grand Bahama, for many years to come" he stated. He noted that Grand Bahama's economic makeup is far more diversified than that of other Bahamian islands, with a legal regime of superior tax concessions under the Hawksbill Creek Agreement, the superior infrastructure and topographical framework that are well suited to both tourism and industrial development.  "We are moving on all fronts now, synching both ...

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...

The All Inclusive Vacation experience

For many years in Grand Bahama the hotels have been operating together and their guests roamed from hotel to hotel, restaurants and other places on their own. It is all part of the experience, is it not? Just recently we got the "all inclusive vacation feel" with Memories coming on board with is quite a new experience. Speaking with the Grand Bahama Chamber of Commerce last week the General Manager of Memories Gabriel Varela told local business owners about the successes they are having. Of particular note was the fact that locals are not excluded as there is a set rate for day and night passes to visit and enjoy many of the finer aspects of staying at the all-inclusive, with the exception of the room rental. This of course brings a variety to the island in its offerings for guests. The all-inclusive includes the air travel and for many of them it means a way to get here from Canada and from parts of the United States. Since the opening of the resort and casino th...