Grand Bahama Port Authority

The Grand Bahama Port Authority[1] ( GBPA or "Port Authority") is a privately held corporation that also acts as the municipal authority for Freeport, Grand Bahama Island, The Bahamas. The GBPA was created by the Hawksbill Creek Agreement.

The GBPA is horizontally integrated with property development, municipal services, airport ( world's largest privately owned airport) harbour operations, and shipyard concerns.

Ownership Structure

The GBPA partners with Hutchison Whampoa on the container port (through Hutchison Port Holdings) and resort area at Lucaya. As of February 2008, the exact ownership structure of GBPA is currently under litigation between the principal partners Sir Jack Hayward and the estate of the late Edward St. George.[2]

References

  1. ^ Grand Bahama Port Authority Website
  2. ^ Freeport News 28 January 2008

External links