North Abaco Port groundbreaking in the Bahamas marks start of local economic boost in the country
July 7, 2014
The 45.4-acre, state-of-the-art port facility, is expected to generate dozens of jobs during construction and create new business opportunities post construction in the North Abaco community.
Regional Director of CHEC Americas, Mr. Zhong Dong Tang, expressed enthusiasm about CHEC’s first venture in The Bahamas and indicated that the project was already off to a good start.
“I would like to thank the more than 80 local companies who have provided goods and services to China Harbour here in the Bahamas,” he said. “From September to June, we have spent over $1.3 million in just Abaco alone. We look forward to further strengthening our relationships with Abaco’s business community as we work together for the successful completion of the North Abaco Port Project.”
The groundbreaking featured several government representatives, including keynote speaker, the Deputy Prime Minister of the Bahamas and Minister of Works and Urban Development, Hon Philip Brave Davis; Mr. Xianjiang Lin, Charge d’Affaires from the People’s Republic of China to the Bahamas and CHEC Bahamas Principal, Felix Chang.
During his keynote address, Deputy Prime Minister, Hon. Philip Brave Davis commented that in the past, “There was concern or agitation that this day would not dawn. However, as promised we are here and breaking ground to build the North Abaco Port. Coopers Town specifically and by extension all of Abaco … will reap the benefits of this investment and seize opportunities resulting from this development.”
Hon. Davis also noted that his ministry will continue to work alongside China Harbour to ensure that the project continues in a timely manner while using the maximum amount of Bahamian services.
Felix Chang, CHEC Bahamas Principal, further assured the public that, “As of today, we are officially ready to go ahead with the actual building of the port. It is an exciting time for China Harbour to be here in The Bahamas. We have done a lot of work in just a few months and we expect to do much more through community development and outreach projects over the next two years.”
The groundbreaking ceremony took place on Friday June 20th in Coopers Town, Abaco-the Bahamas. Shortly after the official proceedings, a friendly basketball match between CHEC staff and local Abaconians was held as part of Friday’s celebration.
The construction phase of the project is to be funded by the Export Import Bank of China and the Government of The Bahamas and is estimated to take approximately two years.