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News : Ministry of Tourism Updates Last Updated: Jun 21, 2021 - 6:09:48 PM

Industry Forum event regarding opportunities under the proposed Public-Private Partnership (PPP) for The Bahamas Airports PPP Program
By Bahamas Ministry of Tourism & Aviation
Jun 21, 2021 - 2:06:17 PM

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Nassau, Bahamas - The Government of The Commonwealth of The Bahamas invites interested parties to attend an Industry Forum concerning private operator/developer concessions and related opportunities in connection with The Bahamas Airports PPP Program.  

Airport operators, service providers, lenders, construction companies and facility managers are among those likely to be interested in attending a virtual industry informative presentation about the proposed airport PPP program. This briefing, hosted by The Bahamas Ministry of Tourism & Aviation will be held on Monday, 28 June, 2021 at 11am (EST) via Microsoft Teams.

Officials from The Commonwealth of The Bahamas will introduce the PPP program and present opportunities available to the industry in the context of future transformation, operations, and management of an airport portfolio, which includes the following airports:

1.    Grand Bahama International Airport, Freeport, Grand Bahama;
2.    Leonard M. Thompson International Airport, Marsh Harbour, Abaco;
3.    Exuma International Airport, Exuma, Great Exuma;
4.    North Eleuthera International Airport, Eleuthera;
5.    Long Island International Airport, Deadman’s Cay, Long Island;
6.    Great Harbour Cay, Berry Islands; and
7.    San Salvador International Airports, San Salvador Island.

LeighFisher, the Government’s transaction advisor, will present an overview of the proposed opportunities, partnership structure and the expected timelines for procurement. 

Airport proponent is being sought to transform and operate the airport portfolio
The Government of The Commonwealth of The Bahamas wishes to focus on sustainable and resilient long-term solutions to rebuilding its airport infrastructure throughout The Family Islands of The Bahamas and is seeking experienced, qualified private partners to update, operate, and improve the portfolio of airports to drive traffic and revenue growth and further enhance quality of service.  Under this PPP Program, the airport facilities are not being sold. The Government and communities of The Bahamas will retain ownership of the airports and a private partner will be granted a concession and lease to update, operate and maintain the airports for up to 30 years.

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