BAIC EXECUTIVE TEAM GETS A FIRST HAND VIEW ON INVESTMENT PROJECTS IN ELEUTHERA

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In October 27, 2017
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The Hon. Renward Wells Minister of Agriculture and Marine Resources and the Mrs. Miriam Emmanuel Executive Chairman of The Bahamas Agricultural Industrial Corporation (BAIC) led a delegation to Governor’s Harbour, Eleuthera from October 26th to 27th October 2017, to conduct site inspections on BAIC’s land inventory and proposed investment projects in the pipeline for the island of Eleuthera.

Accompanying the Minister and Chairman were Ms. Phedra Rahming Permanent Secretary Ministry of Agriculture and Marine Resources, Mr. Troy Sampson General Manager of BAIC, BAIC Board of Directors Keith Carroll and Jameel Lightbourne, Senior Fisheries Official Mr. Gregory Bethel along with Senior Officials from both agencies.

Both Members of Parliament Mr. Hank Johnson and Mr. Ricky Mackey, along with Administrator Gilbert Kemp, Chief Councillors and Local Government officials joined the Ministry of Agriculture, BAIC and potential investors to participate in the orientation tours.

In keeping with the proposed BAIC work programme for the 2017-2018, Deputy General Manager Mrs. Judith Thompson, who has the responsibility for Family Island Development projects, noted the importance of the incoming Administration conducting the inspections ‘on the ground’ as it would give the officials an opportunity to see firsthand the layout of the proposed projects.
As a part of its mandate, BAIC oversees one of the largest portfolios of land under management in The Bahamas. These properties are located in New Providence, Hatchet Bay, Eleuthera, Spring City, Marsh Harbour, Abaco, Norman’s Castle in Treasure Cay, Abaco, Grand Bahama and North Andros.

Under the direction of Minister Wells and Chairman Emmanuel geared toward fulfilling the mandate of the present government; the two agencies are to ensure joint collaborative efforts in the creation of sustainable economic development on the Family Islands and to assist in the development of commerce and industry within The Bahamas.

The touristic and agricultural projects under review range from boutique resort hotels, fast ferry high-speed operations, ship yard and marina development to large scale organic farms and housing projects. It is anticipated that the final review of the processing of all projects will be carried out in the ensuing weeks.

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