{"id":26718,"date":"2012-10-09T10:08:30","date_gmt":"2012-10-09T14:08:30","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=26718"},"modified":"2012-10-09T10:11:24","modified_gmt":"2012-10-09T14:11:24","slug":"freeport-stagnates-during-gbpa-and-hutchison-inaction","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/10\/freeport-stagnates-during-gbpa-and-hutchison-inaction","title":{"rendered":"Freeport Stagnates As GBPA and Hutchison Idle"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-22180\" title=\"grand-bahama\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/grand-bahama.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/grand-bahama.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/05\/grand-bahama-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>The Grand Bahama Port Authority (GBPA) and its leading private sector partner, Hutchison Whampoa, have failed to meet their statutory commitments to market\/develop Freeport, a senior attorney arguing their inaction had resulted in it becoming \u201cthe forgotten island\u201d.<\/p>\n<p>Terence Gape, the Freeport-based attorney and partner at Dupuch &amp; Turnquest, is now urging the GBPA and Hong Kong-headquartered conglomerate, through the Grand Bahama Development Company (Devco), to finally fulfill the obligations they signed up to under the 1993 Grand Bahama Act by creating &#8211; and financing to the tune of $2 million annually &#8211; a \u201cmarketing organisation\u201d to promote the island.<\/p>\n<p>Urging Bahamians \u201cnot to waste a crisis\u201d caused by Freeport\u2019s eight-year economic stagnation and slow-burning collapse, Mr Gape, writing in today\u2019s Insight section, also calls on the Government to drive the \u201cimmediate action\u201d required to revive Grand Bahama and its sustained marketing to potential international investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Grand Bahama Port Authority (GBPA) and Hutchison Whampoa have failed to meet statutory commitments to develop Freeport, turning it into \u201cthe forgotten island\u201d.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[71,81],"class_list":["post-26718","post","type-post","status-publish","format-standard","hentry","category-business","tag-freeport","tag-grand-bahama"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/26718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=26718"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/26718\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=26718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=26718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=26718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}