Minister of State for Finance Kwasi Thompson speaks during a press conference on Monday, December 21, 2020. (BIS PHOTO/ULRIC WOODSIDE)
NASSAU, BAHAMAS — The government is placing a renewed focus on expediting the pipeline for larger scaled investment projects, according to Minister of State for Finance Senator Kawsi Thompson.
Thompson, who was addressing the Canada-Bahamas Virtual Business Mission with the High Commission of Canada, noted the decision-making process for foreign direct investments (FDI) is being reconstructed so that reviews and approvals are delivered quickly.
“The government of The Bahamas is also placing a renewed focus on expediting the pipeline for larger scaled investment projects, which contribute significantly to new jobs and spending in the economy,” he said.