Press Statement on a New National Strategy to Bahamianize Moorings

As the government reviews policy options for the regulation of moorings, as well as the status of existing leases, technology developments, and mechanisms for more efficient oversight and enforcement, we are seeking deeper engagement and input from stakeholders and the public, recognizing that our country’s longstanding policies require revision and modernization. We continue to maintain one […]

Statement from The Office of The Prime Minister on Bahamas Moorings Ltd.

Bahamas Moorings Ltd is a Bahamian-owned company recently granted a seabed lease to install moorings in the Exuma Cays.  The lease required that the company meet environmental and other conditions. When the company began to install some moorings in advance of meeting all such conditions, they were ordered to cease and desist. The Office of […]

Government Publishes Updated Environmental Management Plan for SpaceX Project in Exuma

The Government of The Bahamas, through the Department of Environmental Planning and Protection (DEPP), Ministry of the Environment and Natural Resources, has released the updated Environmental Management Plan for the proposed SpaceX project in the Exuma Cays. Originally submitted by Bron Ltd. on behalf of Space Exploration Technologies Corp (SpaceX) on June 19, 2024, this […]

Prime Minister Davis Signs $200 Million Infrastructure Agreement with Afreximbank

In Barbados, during the 48th CARICOM Heads of Government Meeting, Prime Minister Philip Davis of The Bahamas signed a $200 million Framework Agreement with the African Export-Import Bank (Afreximbank). This landmark agreement is focused on developing climate-resilient and trade-enhancing infrastructure in The Bahamas, including vital projects in road construction, energy development, and other essential economic […]