Jamaica Gleaner

The Bahamas government is to utilise US$400 million of a billion-dollar loan being made available to it by UK Export Finance, to develop the Grand Bahama International Airport, Prime Minister Philip Davis has said.

He made the disclosure during a question-and-answer session at the Caribbean Council Bahamas investment promotional event here last Thursday, that “the UK EXIM Bank making available to us one billion US dollars to draw down on, is a step in the right direction for investments”.

“We’re drawing down at least US$400 million for the redevelopment of the airport in Freeport, Grand Bahama, which will be a green airport,” he added.

Full Article