Friday, August 30, 2019
The Bahamas’ New $250 Million Cruise Port Project
By the Caribbean Journal staff
Global Ports Holding has formalized its partnership to create what may become the leading cruise port in the entire Caribbean in the heart of Nassau, The Bahamas.
GPH has signed a $250 million heads of agreement with the government of The Bahamas, with a plan to transform Nassau’s Prince George Wharf into “one of the great waterfront destinations of the world.”
The event means the official start of the project, which is billed as the biggest economic boost for the Bahamian cruise industry in 50 years.
The move comes after six months of negotiations between GPH, the world’s largest cruise port operator, and the government of The Bahamas. Read more >>