Search results for : investments
March 17, 2023
DPM says close to $1billion in investments in the pipeline for GB
Deputy Prime Minister and Minister of Tourism, Investments and Aviation, the Hon. Chester Cooper says that apart from the redevelopment of the Grand Bahama International Airport and the pending sale of the Grand Lucayan, there will be close to $1 billion in investments coming out of the pipeline for Grand Bahama.
February 20, 2023
Hon. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation on the passing of George R. Myers, M.B.
George R. Myers, M.B., was a man way ahead of his time who changed the landscape of the tourism industry in The Bahamas.
February 17, 2023
Oil company still hoping for license renewal, return on investment
Challenger Energy Group (CEG) yesterday released its 2023 strategy and work program update, revealing that the company, formerly called Bahamas Petroleum Company, remains locked in negotiations with government on the renewal of the company's licenses for another multi-year exploration period. The company noted in its update that it is "seeking alternative means of achieving value" from its ...
The...
Heads of Agreement signed for multi-milliion dollar tourism investment on Harbour Island
February 02, 2023
Heads of Agreement signed for multi-milliion dollar tourism investment on Harbour Island
Prime Minister and Minister of Finance the Hon. Philip Davis said, on February 2, 2023, that it was a pleasure to be at the signing of the latest and, to date, “most robust Heads of Agreement” between the Government of The Bahamas and 4M Harbour Island.
Saudi prince in row over Cave Cay investment
January 30, 2023
Saudi prince in row over Cave Cay investment
Last year, Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper revealed exciting news to Exumians that a development was afoot for Cave Cay, worth half a billion dollars. Now Bloomberg has revealed in an article that a Saudi prince has a part in the development of that cay and is suing ...
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January 27, 2023
New investments for South Abaco discussed at community meeting
A community meeting was held in Abaco at which residents were updated on new investments for the area, and persons were introduced to the project investor.
Appointment of Latia Duncombe as Director General of Bahamas Ministry of Tourism, Investments and Aviation
January 20, 2023
Appointment of Latia Duncombe as Director General of Bahamas Ministry of Tourism, Investments and Aviation
The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation, announced the appointment of Mrs. Latia Duncombe as Director General.
"During the past year, Mrs. Duncombe has brought energetic leadership to our senior executive management team at the Ministry of Tourism, Investments & Aviation," said Deputy Prime Minister Cooper.
January 17, 2023
Deputy Prime Minister Cooper discussed investments in Exuma at Town Hall Meetings
Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper hosted a town hall meeting, January 12, 2023 in Georgetown, Exuma, at St Andrew’s School; and on Friday, January 13, at Black Point, Exuma, at the All-Age School.
December 16, 2022
AG outlines funds proposed under investment funds bill
Detailing the three funds and three additional sub-funds that are provided for under the National Investment Fund Bill, 2022, Attorney General Ryan Pinder said yesterday the framework established will not only provide for the proper and transparent management of the country's natural resources, but also support the country's development needs. The bill repeals and replaces ...
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December 13, 2022
Cooper hails 'transformational' National Investment Funds Bill
ACTING Prime Minister Chester Cooper yesterday hailed the National Investment Funds Bill 2022 as a "transformational" piece of legislation that will lay the foundation for public sector investing and reinvestment in support of the country's national development goals.
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