GBPA REEF Committee unveils “Action Plan’ for Freeport socio-economic growth

NASSAU, BAHAMAS — Upgrading and enhancing Freeport’s infrastructure to support a modern cosmopolitan city will require considerably more investment than current revenue streams, according to Grand Bahama Port Authority’s (GBPA) Revitalization and Economic Expansion of Freeport (REEF) Committee. The committee has unveiled its five point ‘Action Plan’ to restore socio-economic growth to Freeport. “Since 1955, […]

GBPA to launch lower-cost license for micro-businesses in January

FREEPORT, BAHAMAS — The Grand Bahama Port Authority, Limited (GBPA) revealed yesterday that it intends to introduce a new licensee category next month that will aim to make starting a new business be more affordable for aspiring entrepreneurs. “Beginning January 2021, aspiring entrepreneurs on Grand Bahama will have a new, cost-effective option for launching new […]