Government signs two heads of agreements with Carnival Corporation

Government signs two heads of agreements with Carnival Corporation

$100 million development of a cruise port in Grand Bahama, $80 million expansion of Half Moon Cay, Eleuthera

NASSAU, BAHAMAS – Prime Minister Dr. Hubert Minnis led a delegation to hurricane-ravaged Grand Bahama to seal the deal with Carnival Corporation for a new cruise port and pier expansion.

The signing had been postponed due to the record storm, and Dr. Minnis underscored the ongoing economic recovery and revitalization of Grand Bahama was a major part of reconstruction.

Dr. Minnis said the HOAs for the two developments will be tabled in the House of Assembly.

The cruise port will be developed on 329 acres of land in Sharp Rock, Freeport.

Dr. Minnis reiterated the new development will lead to significant job creation in the construction field and long-term employment.

“There will be significant opportunities for business development and entrepreneurship by Bahamians,” he said.

“The new port will result in greater Bahamian ownership in terms of a range of business opportunities.

“…What is being proposed will prove to be a significant catalyst for economic growth in Grand Bahama.

“This cruise port, which will be the largest Carnival cruise port in the world, seeks to make Grand Bahama and The Bahamas one of the best cruise destinations in the Caribbean; and when completed, the new port is expected to bring millions of tourists to our shores each year.”

The port will include aquatic facilities including interior pools, lagoons and water-waves, food and beverage pavilions, restaurants and nightclubs, a shopping plaza, zip lines, rock climbing walls, a miniature golf course, park areas, open air concert facilities, a transportation hub and more.

As for the expansion of Holland America Line’s Half Moon Cay, a cruise pier will be constructed on the north end of Half Moon Cay, as well as supporting landside facilities at the pier site.

It will feature aquatic facilities, beach restoration, restaurants and nightclubs, a shopping plaza, sports and entertainment facilities, nature trails and the development of park and/or natural reserve areas.

“Grand Bahama and Abaco are vital centers of economic activities and contribute significantly to our national development and economy,” Dr. Minnis said.

“In order to rebuild Abaco and Grand Bahama, we have to spur economic development throughout the country.

“We must also accelerate economic projects on Grand Bahama and begin rebuilding on Abaco as soon as possible.”