Turnpage

Please visit our sponsors

RSS Feed
 

Current News & Press

 

Advertisement

The Bahamas Investor

News & Press Archives

 
The Bahamas Investor on facebookFollow The Bahamas Investor on TwitterSubscribe to RSS feeds from The Bahamas Investor
HOME > 
News & Press > 
Airport Gateway project officially opened

The dual lane Airport Gateway, which links the Lynden Pindling International Airport with the Oakes Field area of Nassau, officially opened October 10 during a special ceremony at John F Kennedy Drive and Prospect Road. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Tuesday, October 15, 2013
Tuesday, October 15, 2013

The dual lane Airport Gateway, which links the Lynden Pindling International Airport with the Oakes Field area of Nassau, officially opened October 10 during a special ceremony at John F Kennedy Drive and Prospect Road.


Landscaping, installation of signage, display of public art and other minor work remain to be carried out on the project which is described as 99 per cent complete.

The carriageway includes a link for Windsor Field to Bethel Avenue via John F Kennedy, construction of nine new roundabouts, installation of electrical, telephone and cable services.

A contract/loan agreement signing ceremony took place in September 2010 and groundbreaking for the highway was held in March of 2011, funded with a loan from the China Export-Import Bank and the China Construction Company.

At the peak of production in October 2012, a total of 125 Bahamians were employed on the project.

Attending the event were cabinet ministers, members of parliament, senior government officials including permanent secretary Colin Higgs, director John Canton, and other officials.

Tiger Wu, executive vice-president of China Construction America Inc and other officials from the Chinese Embassy were also present.

In his keynote address, Prime Minister Perry Christie said there is no doubt that in the future governments in The Bahamas will need public/private partnerships for which the private sector is used to make capital contributions to development.

Chinese ambassador to The Bahamas Hu Shan said the road demonstrates the country’s image and strength, and great importance has been attached to the project by both the Chinese and Bahamian governments. 

The Airport Gateway would further boost the development of the country’s tourism industry as well as the prosperity of the economy and lead to continuous improvement of the living standards of Bahamians, the ambassador added.

Domestic economic activity remained relatively subdued in August, amid ongoing softness in the tourism sector’s performance, although foreign investment-related construction activity continued to provide a steady positive contribution, according to The Central Bank of The Bahamas Monthly Economic and Financial Development report for August. In other real sector outcomes, consumer price indications featured modest gains in domestic fuel costs, due to the recent firming in global oil prices.

Stella Maris Village on Long Island is offering prospective buyers the chance to design their own homes, boasting a wide range of land plots and off-plan homes, including two-, three- and four-bedroom "classic" or "contemporary" designs. Read SuperYachts.com's report here or watch a full video interview with Richard Keyworth & Ian Moorcroft of Stella Maris Village at their website.

The Bahamas Investor
Administrative Links
  


  © 2024 ETIENNE DUPUCH JR PUBLICATIONS LTD