STATEMENT FROM GRAND BAHAMA PORT AUTHORITY

A compelling case for an extension of 20 years of the expiring HCA provisions relating to business licence fees and property tax concessions, has been presented by GBPA and its various licencees to the Hawksbill Creek Committee. A substantial extension of the concessions is required to preserve existing jobs and unlock opportunities to create new jobs through expansion projects in the Port Area as well as overall new investment in Grand Bahama.


Meaningful dialogue and collaboration with Central Government in the development and regulation of Freeport has always been supported and encouraged by GBPA and its shareholders. We therefore look forward to progressing our negotiations with Central Government with a view to eliminating, as early as possible, the continuing uncertainty regarding the future of those expiring tax concessions.

Share this post

Related Posts
IMG_8672

GRAND BAHAMA PORT AUTHORITY UNVEILS HAWKSBILL TURTLE SCULPTURE TO COMMENCE 70TH ANNIVERSARY CELEBRATIONS

Freeport, Grand Bahama – The Grand Bahama Port Authority (GBPA) proudly unveiled a striking sculpture of a Hawksbill Turtle at its headquarters, marking the official ...
Read More →
TDGB1

GRAND BAHAMA PORT AUTHORITY NAMED TITLE SPONSOR OF 12TH ANNUAL TOUR DE GRAND BAHAMA

The Grand Bahama Port Authority (GBPA) is thrilled to announce its title sponsorship of the 12th Annual Tour De Grand Bahama cycling competition, now officially ...
Read More →
PHOTO-2024-12-23-08-55-39EAR

GBPA JOINS FORCES WITH LOVE AND LIFE CHRISTMAS TOY DRIVE TO DELIVER 50,000 GIFTS ACROSS THE BAHAMAS, SPREADING HOPE AND JOY THIS HOLIDAY SEASON

The Grand Bahama Port Authority (GBPA) is proud to have supported the Love and Life Christmas Toy Drive, a heartwarming initiative that united communities across ...
Read More →