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MOTA seeks public-private partnership to upgrade Family Island airports

MOTA seeks public-private partnership to upgrade Family Island airports
ewnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewnews.com Daily Mail and Mail on Sunday newspapers.

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Industry Forum event regarding opportunities under the proposed Public-Private Partnership (PPP) for

Industry Forum event regarding opportunities under the proposed Public-Private Partnership (PPP) for
centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.

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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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Cooper: Cuts to key projects on Family Islands will strangle economy

Progressive Liberal Party Deputy Leader Chester Cooper. (FILE PHOTO)
NASSAU, BAHAMAS Progressive Liberal Party (PLP) Deputy Leader Chester Cooper said on Friday that he is “alarmed” and “concerned” about the government’s decision to cut key projects on Family Islands due to economic challenges.
Prime Minister Dr Hubert Minnis advised last week that the government would cut funding for certain capital projects and seek to implement public-private partnership (PPP) programs to complete those projects, given the country’s current state of public finances.
Prime Minister Dr Hubert Minnis exits Exuma International Airport on Friday, November 27, 2020, during a series of Family Island visits. ....

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Govt cuts funding for key projects - The Nassau Guardian

Govt cuts funding for key projects
PM: We’re turning to PPPs to complete family island airport projects
Dr. Hubert Minnis.
The government has cut funding for planned upgrades to airports on Exuma, Long Island, North Eleuthera and Abaco and is instead seeking to implement a public-private partnership (PPP) program to complete the projects, Prime Minister Dr. Hubert Minnis said yesterday.
The affected projects include the Exuma International Airport, the Long Island International Airport, the North Eleuthera International Airport, and upgrades to the Leonard Thompson International Airport in Marsh Harbour, Abaco.
“Given the current state of public finances, the government has had to make some very tough decisions,” Minnis said during the annual Bahamas Business Outlook. ....

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