GBPA RESPONDS TO ADDRESS BY PRIME MINISTER PHILIP DAVIS AT THE G.B. CHAMBER’S BUSINESS MEETING ON MONDAY

The Grand Bahama Port Authority headquarters in downtown Freeport

FREEPORT, Grand Bahama, May 8, 2024 – The Grand Bahama Port Authority (GBPA) today released a statement in response to the address by Prime Minister Philip E. Davis at Grand Bahama Chamber of Commerce business meeting on Monday, May 6.

The GBPA said it has “taken note of calls from our licensees, the residents of Grand Bahama and several current investors for a response to Monday’s address by Prime Minister Davis.”

The GBPA added, “We take this opportunity to once again reassure these valued stakeholders that GBPA remains laser-focused on the task at hand. We are working every day to deliver the $2B-plus of investments which the GBPA Group of Companies, through its affiliates, either initiated, is invested in, or is contractually involved in creating, and was instrumental in bringing the investors to the table.

“At the same time, it is important that GBPA corrects any inaccurate, incomplete or selective representations regarding matters that impact our stakeholders. In the near future, therefore, GBPA intends to host a live event with its stakeholders to ensure that all the matters discussed in the public domain are placed in their proper context and the historical record is set straight.

“In the meantime, we encourage our stakeholders to remain confident in the resilience and potential of Freeport, and in our pledge to continue working diligently to see a prosperous future for Grand Bahama.”