Press Releases


Business Development Fund for South Abaco

SANDY POINT, Abaco – Developers of the recently announced up-market resort community for South Abaco have committed to inject $7 million into a business development fund for Bahamian entrepreneurs seeking to establish businesses in the project. The commitment is a part of the heads of agreement signed on Thursday 13 February between the Government of

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  • Agreement signed for $300M Abaco resort

    SANDY POINT, Abaco – The Government of The Bahamas and Tyrsoz Family Holdings Ltd. signed a heads of agreement on Thursday for a $300 million up-market resort community that will provide hundreds of jobs and represents one of the largest ever for the island. The development, which represents a minimum capital investment of $300 million,

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  • British High Commission officially reopens

    Prime Minister the Most Hon. Dr. Hubert Minnis said The Bahamas is committed to the economic partnership agreement that was signed with the United Kingdom late last year and takes effect after the Brexit transition period ends 31 December 2020. The agreement ensures trade continuity with the UK following on from the 10-year-old Economic Partnership

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  • PM: Pledge offers for Dorian recovery will be revealed

    National Report 2020 The Government will only pursue offers coming out of January’s Pledging Conference that are in the best interests of the residents of the areas affected by the storm and in the best interest of The Bahamas, said Prime Minister the Most Hon. Dr. Hubert Minnis on Tuesday in his first National Report

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  • National Report: Two major announcements for GB and Abaco

    Progress update on reconstruction program In his first National Report for 2020, Prime Minister the Most Hon. Dr. Hubert Minnis announced two major announcements  for the storm-ravaged islands of Abaco and Grand Bahama, and provided an update on the Government’s reconstruction program post-Hurricane Dorian. A heads of agreement will be signed on Thursday 13 February

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