June 26, 2019
The project that has been simmering in West End at the former Gin Sur Mer site for more than a year has not progressed as the government had hoped, Minister of State for Grand Bahama Kwasi Thompson said Monday.
Thompson, who was making his contribution to the 2019/2020 budget in the Senate, said while the project at the former Gin Sur Mer site, which was to be named Bahama Bay, is drudging along, the existing Old Bahama Bay operations are continuing as normal with high interest from potential buyers.
Thompson added that Grand Bahama, which has been economically depressed for a number of years, saw an increase in its revenue collection during 2018 and the beginning of 2019.
According to Thompson, import duties, excise taxes, air departure taxes and passenger taxes for pleasure boats increased in Freeport for the period July 2018 to May 2019, as compared to the same period in 2017/2018.
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