Bahamas Deputy PM Leads Delegation at Business and Investment Forum

image courtesy of Bahamas Tourism Ministry
image courtesy of Bahamas Tourism Ministry
Written by Linda Hohnholz

Bahamas Business and Investment Forum 2024 to Highlight Key Growth Opportunities in Washington, D.C.

The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation for The Bahamas, will lead a Bahamian delegation to the Bahamas Business and Investment Forum 2024 in Washington, D.C., on Wednesday. The forum, designed to drive economic growth and highlight the wide range of investment opportunities in The Bahamas, will take place at the University Club of Washington, D.C., on Thursday, September 12.

Hosted by the Bahamas Embassy in Washington, D.C., the forum is themed “Rediscovering The Bahamas: Its Potential and Investment Opportunities.”

“The Government of The Bahamas is committed to maintaining its position as a premier destination for both tourism and investment,” said DPM Cooper. “This forum offers a platform for investors to explore opportunities in sectors such as infrastructure, renewable energy, maritime, and agriculture.”

The Bahamas has long fostered a competitive investment climate, with the Bahamas Investment Authority (BIA) at the forefront of efforts to encourage economic growth, job creation, and investor confidence. The government remains committed to balancing the interests of the Bahamian community, business partners, and visitors.

Accompanying DPM Cooper in the delegation are the Hon. Frederick Mitchell, Minister of Foreign Affairs; the Hon. Michael Halkitis, Minister of Economic Affairs; and senior officials from the Ministry of Tourism, Investments & Aviation.

The forum will feature four panel discussions focusing on sectors vital to The Bahamas’ economic growth, including sustainable development, technological innovation, and the nation’s progress toward becoming a digital society. The discussions will also explore investment in luxury real estate, airport modernization, and eco-friendly tourism, all of which continue to attract first-world business partnerships.

As a global leader in tourism, with over 10 million visitors annually, The Bahamas is experiencing a surge in private sector investment. Luxury hotel brands such as Ritz Carlton, Six Senses, and Rosewood are expanding their presence, while major cruise lines are investing billions into private islands, further boosting the Bahamian economy. The nation’s commitment to environmental sustainability, alongside its proactive approach to climate change, solidifies its position as a leading destination for both tourism and investment.

About The Bahamas

The Bahamas has over 700 islands and cays, as well as 16 unique island destinations. Located only 50 miles off the coast of Florida, it offers a quick and easy way for travelers to escape their everyday. The island nation also boasts world-class fishing, diving, boating and thousands of miles of the Earth’s most spectacular beaches for families, couples and adventurers to explore. See why It’s Better in The Bahamas at www.bahamas.com or on Facebook, YouTube or Instagram.

About the author

Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

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