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Reducing cost, greater efficiency and first to market are buzz terms for 2016 across the global supply chain and transportation industries.  For the Invest Grand Bahama (IGB) team, making the connect between Freeport’s location as a linchpin, and the vast transport network that surrounds it, was the action plan during the 2016 Retail Industry Leaders Association (RILA)  Supply Chain Conference, in Grapevine Texas, earlier this month.

A compelling case for an extension of 20 years of the expiring HCA provisions relating to business licence fees and property tax concessions, has been presented by GBPA and its various licencees to the Hawksbill Creek Committee. A substantial extension of the concessions is required to preserve existing jobs and unlock opportunities to create new jobs through expansion projects in the Port Area as well as overall new investment in Grand Bahama.

Dear Friends,

Into this season of peace, joy and goodwill bursts the great hope and promise of the New Year. Christmas or Christ’s Mass inspires us to give thanks, to rejoice and to reflect like the Shepherds and Magi of the Nativity story. We treasure the good days and survive the challenging ones and we continue to pray for our brothers and sisters in the Southern Islands who are still suffering from the aftermath of Hurricane Joaquin.

2015 brought both sunset and a new dawn to Freeport. As we celebrate the milestone 60th Anniversary of the Hawksbill Creek Agreement, where do we go from here? The Grand Bahama Port Authority will be working assiduously with Government to reach consensus and closure regarding extension of certain expiring concessions; the goal being to create the most conducive and dynamic environment for other investment in Freeport, to provide meaningful jobs and increased opportunities for all in Grand Bahama. 

 The Grand Bahama Port Authority (GBPA) is pleased to announce the approval of The Grand Bahama Power Company’s (GBPC) revised rate application. The new rate structure will take effect February 1, 2016 and result in clear savings for all of GBPC customers and a stabilization of costs to consumers. After having the consultation period extended from 1 December, 2015 to 15 January, 2016 and receiving valuable input from stakeholders, GBPC revised their original rate application proposing additional changes resulting in all customers seeing a decrease in the amount of money they are paying for their total power bill. We required the GBPC to focus on low income residential customers, the deferral of future generation investment and the introduction of renewables to their energy mix. 

This past Friday, busy shoppers flocked to the downtown area to witness the first ever laser light show in Downtown Freeport.  The historical feature was part of the Downtown Freeport Business Association's (DFBA), 2nd annual Midnight Madness event, and a partnership initiative of The Grand Bahama Port Authority, Limited’s (GBPA) Invest Grand Bahama Small Business Bureau (IGBSBB).

ABOUT GBPA


The Hawksbill Creek Agreement (HCA) gave GBPA responsibility for the development, administration and management, and provision of services within an area called the 'Port Area' (230 sq. miles). GBPA was mandated by this Agreement to build a deep water harbour, an industrial community and required infrastructure for the City.

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PRESIDENT'S MESSAGE


GBPA has achieved an astonishing amount since its inception in 1955.  When first created it was a Grand Bahamian business conglomerate charged not only with land and commercial development but also with all the regulatory and administrative functions of the Freeport/Lucaya.

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THE WAY FORWARD


Firstly, I wish to thank Joan Albury and the Counsellors for this platform enabling us to share with the Grand Bahama community, the outlook for our island! 2015 marks the 60th year of the birth of Freeport and the Hawksbill Creek Agreement; 60 years of a partnership between The Government of The Bahamas and The Grand Bahama Port Authority. I'm here to raise hopes for 2015 and to lay a few popular myths to rest - For those who don't know me, I am Sarah St George.

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