Since opening its Nassau satellite office, interest in Grand Bahama’s real estate and business opportunities has grown, according to Grand Bahama Port Authority’s Chief Investment Officer, Derek Newbold.
Newbold told Eyewitness News: “Since the opening of the Nassau satellite office, we have indeed observed an increase in interest and inquiries regarding real estate acquisitions and business investment opportunities in Grand Bahama. This uptick is encouraging and aligns with our goals of fostering stronger connections with local investors and entrepreneurs in New Providence.”
He added: “Looking ahead, we are committed to building on this momentum. In the coming months, we plan to launch a series of investment promotion initiatives aimed at further engaging prospective investors and showcasing the diverse opportunities Grand Bahama has to offer. These efforts will complement our ongoing work to create an environment conducive to economic growth that all Bahamians can benefit from.”
The Grand Bahama Port Authority (GBPA) announced the opening of its new office in New Providence back in March, as part of its efforts to ensure Bahamians and residents are well-informed about developments in Freeport and are positioned to participate in Grand Bahama’s economy.
The New Providence office is located in One West Plaza on Windsor Road.