our vision

Our Vision

Over 50 years ago, a small group of Bahamian entrepreneurs had a vision for the development of Grand Bahama Island. They saw an opportunity to build a deep-water harbor to establish a unique economic zone, with the intent that it would become a major shipping hub and international business center. Today, we see how that vision has come to fruition and fostered countless economic growth on the island. The groundwork provided by the founding members of the port authority creates the spark we now use to be bolder in our ambitions and expand our vision.

​As the first stop for burgeoning local businesses, our vision is to become the island of choice for global investment in the Bahamas. We work to be the most efficient and effective regulatory organization not only in the Bahamas, but in all the Caribbean. This means that we must operate to the highest ethical standards and hold ourselves accountable as leading contributors to the nation’s growth, big and small.

 The mission of the Grand Bahama Port Authority is 'to better the lives of the Grand Bahama community, and by extension, The Bahamas.'  With the teamwork of our great staff and the support of our fellow Bahamians, the unique features offered by our island is utilized for the betterment of us all.

Values

Our values demonstrate how we want to operate the GBPA.  These values apply to all our stakeholders including employees, shareholders, and licensees.

Organization: as the regulator of Freeport we have fostered an environment of orderly development.  We believe that growth is best achieved in an orderly fashion.

Performance: We believe convenient and quality service is most important to our licensees and the residents of Grand Bahama.  Many of the services we provide at our physical departments can now be initiated or completed online.  We are constantly setting goals to achieve better performance.

Integrity: We recognize that reputations are earned over time, and not given as a right.  We demand high standards of behavior from our employees.

Teamwork: To compete for business investment in today’s global environment there must be open and active communication with all our stakeholders.  We must all work together to achieve our goals.

Strategy

Our journey to become the place of choice for global investment in The Bahamas requires us to deliver a number of key strategies along the way.  We will require the combination of visionary leadership and the energy and vigour of our employees to succeed.

We will be required to improve our licensing regime; to leverage our proximity to the U.S. and a tax-free zone status; to take on a more aggressive, innovative and strategic investment promotion agenda; and to improve our overall service.

Competitive Advantage

The GBPA is a regulatory/administrative entity that in today’s world competes for investment with other locations in the Bahamas, the Caribbean, and the world.  We believe some of the advantages to doing business here include:

  • Proximity to the U.S. – 68 miles from Florida
  • Freedom from income and investment taxation
  • Economic, democratic and monetary stability
  • Provision of investment incentives
  • Easy repatriation of funds
  • Progressive immigration policy
  • Abundance of skilled labour
  • High quality of life

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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