Grand Bahama
Group seeking to buy Port Lucaya working with Bahamas Government
By Peter Hunt, Bahamaland Investments Limited
Nov 7, 2014 - 4:23:11 AM


Freeport, Bahamas - The following is a statement by  Peter Hunt, Bahamaland Investments Limited:

We are delighted to have embraced Grand Bahama as a second home with significant investments made over the past 12 years.  We are committed to this island's positive growth and development and are confident in the revival of its’ now rebounding economy.  Among other projects, we see tremendous potential relative to the acquisition of Port Lucaya Market Place.  The facility has a rich history and it is representative of a local and touristic treasure.

We commend the ongoing first class efforts of the Grand Bahama Port Authority to draw investors to this beautiful island. We continue to dialogue and cooperate with the Bahamas Government to have the Port Lucaya deal materialized. We are satisfied that the GBPA and the Government are acting in the best interest of Grand Bahama Island and by extension the people of the Bahamas.  There is an impressive commitment being demonstrated to attract and accommodate direct foreign investment.  No doubt a transaction of this magnitude demands policy and process.

We do not intend to carry out business by way of the media.  Only to say, we remain committed to the purchase and transformation of Port Lucaya Market Place.

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