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Thompson: Govt. placing renewed focus on expediting larger scaled investment projects

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. ....

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Lewis: Govt. working on Resilient Recovery Policy

Minister of State for Disaster Preparedness, Management and Reconstruction Iram Lewis. (FILE PHOTO)
NASSAU, BAHAMAS The government is working on its Resilient Recovery Policy, which will provide context and guidelines for a timely rebuilding process after a disaster, according to Minister of State for the Ministry of Disaster Preparedness, Management and Reconstruction Iram Lewis.
Lewis, who was addressing the Canada-Bahamas Virtual Business Mission “Climate Resiliency and Reconstruction” yesterday, said; “The purpose of the Resilient Recovery Policy is to provide context and guidelines for recovery planning and operations that are timely, efficient and facilitate a pathway to resilient development.
“It also articulates the requirements that will inform the organizational and institutional arrangements to achieve this. This resilient recovery policy establishes a vision and a deliberate system of principles to guide decisions and a rational process of ....

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