The Office of the Prime Minister advises that the Government of The Bahamas has entered into a Public Private Partnership (PPP) to advance the Port at Mayaguana, a major maritime and logistics project intended to strengthen economic activity in Mayaguana and across the South East Bahamas.
Mayaguana sits close to strategic shipping lanes used by vessels transiting toward the Panama Canal and other major ports, placing the island at a crossroads between the Americas and Europe. This PPP positions Mayaguana to play a stronger role in regional trade, cruise activity, and related services.
Under the PPP, Global Lead Consultant Group Limited, together with its team, will work alongside the Government to develop a project that includes port and landside works, a transshipment and storage port for containers and bulk cargo, excavation, housing and supporting facilities, and upgrades to utilities. The private partners referenced by the project team include 77 Construction UK, among others.
A central feature of this arrangement is ownership and local benefit. The project is to be jointly owned by the Government of The Bahamas, the Mayaguana Island Development Fund, and Global Lead Consultant Group Limited. The operating entity will be Mayaguana Port Group, Ltd. (MPGL). The Mayaguana Island Development Fund component is intended for the direct benefit of Mayaguana, and the partners have indicated an intention to engage the community on the use of those funds.
The project is planned across three phases:
• Phase 1: Temporary Marine Offloading Facility (TMOF) and a deep water port
• Phase 2: Cruise ship terminal construction
• Phase 3: Deep water transshipment port and terminal for larger vessels, plus adjacent land development and handling components.
Over the coming months, work will move into detailed planning, including economic and environmental assessments, stakeholder engagement, regulatory approvals, and detailed designs. The project team’s preliminary estimate anticipates approximately 2,000 full time jobs over the life of the project.
The Government will continue to keep the public informed as the project advances through required approvals and consultation processes, with a focus on jobs for Bahamians, strong standards, and clear community benefits for Mayaguana.