Statement on proposal for North Andros Free Trade Zone

The Office of the Prime Minister notes reports appearing in The Tribune and the Nassau Guardian on Thursday 18 June 2020 as well as on social media regarding a proposal submitted to the Government for a North Andros Free Trade Zone by the NANT Group. 

The Office of the Prime Minister wishes to acknowledge that a draft proposal was submitted. The proposal has not been formally analysed nor reviewed to determine its viability nor has it been presented to the National Economic Council for consideration.

There is a well-established process for review and consideration of all major investment projects which requires review and input from various agencies of the Government and public consultation prior to approval by the Government of The Bahamas.