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President- Grand Bahama Port Authority

The time has come once again for us to reflect on the sacrificial death and celebrate the resurrection of our Lord, Jesus Christ who came to this world and walked among us so that we may have lives that are abundantly blessed.  Along with many Christians in our nation and millions around the world, the board, executives and staff of the Grand Bahama Port Authority joins in such celebrations and wish to extend to all residents of Grand Bahama Island and throughout the Commonwealth of the Bahamas, a Happy Easter.

First, I’d like to thank Joan Albury and the Counsellors for another year’s dedication and hard work on this invaluable forum to discuss the Business Outlook for Grand Bahama with the community.

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.

Reducing cost, greater efficiency and first to market are buzz terms for 2016 across the global supply chain and transportation industries.  For the Invest Grand Bahama (IGB) team, making the connect between Freeport’s location as a linchpin, and the vast transport network that surrounds it, was the action plan during the 2016 Retail Industry Leaders Association (RILA)  Supply Chain Conference, in Grapevine Texas, earlier this month.

 The Grand Bahama Port Authority (GBPA) is pleased to announce the approval of The Grand Bahama Power Company’s (GBPC) revised rate application. The new rate structure will take effect February 1, 2016 and result in clear savings for all of GBPC customers and a stabilization of costs to consumers. After having the consultation period extended from 1 December, 2015 to 15 January, 2016 and receiving valuable input from stakeholders, GBPC revised their original rate application proposing additional changes resulting in all customers seeing a decrease in the amount of money they are paying for their total power bill. We required the GBPC to focus on low income residential customers, the deferral of future generation investment and the introduction of renewables to their energy mix. 

ABOUT GBPA


The Hawksbill Creek Agreement (HCA) gave GBPA responsibility for the development, administration and management, and provision of services within an area called the 'Port Area' (230 sq. miles). GBPA was mandated by this Agreement to build a deep water harbour, an industrial community and required infrastructure for the City.

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PRESIDENT'S MESSAGE


GBPA has achieved an astonishing amount since its inception in 1955.  When first created it was a Grand Bahamian business conglomerate charged not only with land and commercial development but also with all the regulatory and administrative functions of the Freeport/Lucaya.

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THE WAY FORWARD


Firstly, I wish to thank Joan Albury and the Counsellors for this platform enabling us to share with the Grand Bahama community, the outlook for our island! 2015 marks the 60th year of the birth of Freeport and the Hawksbill Creek Agreement; 60 years of a partnership between The Government of The Bahamas and The Grand Bahama Port Authority. I'm here to raise hopes for 2015 and to lay a few popular myths to rest - For those who don't know me, I am Sarah St George.

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