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DRA funds 4,000 homeowners in Grand Bahama and Abaco - Associates Times a Caribbean News website

DRA funds 4,000 homeowners in Grand Bahama and Abaco - Associates Times a Caribbean News website
associatestimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from associatestimes.com Daily Mail and Mail on Sunday newspapers.

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UPGRADE INCOMING: Govt signs $60M contract for Exuma airport; breaks ground on development

New airport expected to be completed within next two years
NASSAU, BAHAMAS The government today signed a multimillion-dollar contract for the redevelopment of Exuma International Airport and broke ground on the new infrastructure.
Prime Minister Dr Hubert Minnis and Minister of Tourism and Aviation Dionisio D’Aguilar, along with a delegation, traveled to the island for the signing and groundbreaking ceremony.
The project includes the construction of a new 60,000-square-foot air terminal building and the upgrade of the runway and aprons.
Government officials break ground on the site of a new Exuma International Airport on Friday, May 7, 2021.
It also includes a new fixed-base operator (FBO) with Odyssey Aviation, who will be constructing a new FBO facility adjacent to the new air terminal building. ....

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Prime Minister breaks ground on new International Airport for Exuma

Prime Minister breaks ground on new International Airport for Exuma
Bnamericas Published: Saturday, May 08, 2021
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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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