Government Support & Investment

The Bahamian government is investing in infrastructure: Resurfacing the runways to improve capacity at the airport. The new runway on New Providence Island opened 29th June 2005
Now caters for jumbo jets and long haul visitors.

Improving facilities for visitors:

• Improving road signage
• Improving lighting in busy areas
• Improved litter clearance and general upkeep
• Safeguarding environment for sustainable development

Potential Growth Indicators

Land plots have been rising steadily since 1992 at an average 14% a year with no investment in local infrastructure to speed growth.

With 90% of visitors coming from the US, there is a huge potential for new markets for the Bahamas to attract. The new runway at Nassau international airport allows an increase in airlift as larger planes with longer ranges can easily be accommodated. British Airways fly direct from Heathrow. The Bahamian government is signing agreements with Chinese tour operators to bring tourist investment in from China. These are high value tourists: keen gamblers who are attracted by the casinos, and are potential investors.

Tourism

5 Million visitors in 2004 (Bahamian government figures)

90% of tourists are from the US

Within easy reach (only 20 minutes from Miami to Grand Bahama)

A popular choice for second homes

Carriers fly into Nassau from all key US hubs as well as from smaller, provincial airports