Prime Minister Minnis: Gov't to Liberalize Investment Process for Areas Affected by Hurricane Dorian
The Government is looking to simplify a number of investment requirements and expedite investment applications for Bahamian and international investors for Abaco, the Abaco Cays, and
"We will liberalize the process of investment for the affected areas," the Prime Minister told hundreds of local and international delegates attending the
"Hard and difficult decisions must be made if we are to rebuild, rebuild quickly, smartly and with resilience."
Further details are expected to be released in the weeks ahead, said Prime Minister Minnis.
Representatives of governments, multilateral agencies and financial institutions attended the
Abaco and
The Prime Minister said the Conference and other such efforts are an essential part of the rebuilding process.
The Government has already prepared specific reconstruction delivery plans, which have been cross-referenced with the
The plans focus on housing, the environment and debris clean up, education, health, infrastructure and the economy. From the reconstruction delivery plans, specific project concepts have been identified.
"Let me re-emphasize that private sector, NGO and international contributions must be aligned with the priority areas of the Government of The
The Prime Minister noted that progress is being made on the ground on Abaco, the Abaco Cays and
"Despite the progress, someone visiting, especially Abaco and the Abaco Cays, these four months later, will be shocked by the scope and scale of the devastation and the enormous, complex and many challenges of rebuilding."
The Prime Minister emphasized that there is still a "very long road ahead."
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