Freeport, Bahamas

city, district and free trade zone on Grand Bahama

Freeport is a city, district and free trade zone on the island of Grand Bahama. It is in North-west Bahamas. In 1955, Wallace Groves, a Virginian financier, was given 50,000 acres (or 202 km2) of pineyard with swamp and scrubland areas by the Bahamian government. They were asked to develop the area economically. Freeport has grown and is now the second most populous city in the Bahamas. The main airport in Freeport is the Grand Bahama International Airport. The Grand Bahama Port Authority (GBPA) runs the free trade zone, under the Hawksbill Creek Agreement signed in August 1955. There, the Bahamian Government agreed that businesses in the Freeport area will pay no taxes before 2054. The area of the land grants has been increased to 138,000 acres (or 526 km2).[1]

City of Freeport
Nickname(s): 
The Industrial Capital
The Second City
Motto: 
Love is everything
Coordinates: 26°31′42.5″N 78°41′47.7″W / 26.528472°N 78.696583°W / 26.528472; -78.696583
CountryBahamas
IslandGrand Bahama
DistrictFreeport
Established1955
Government
 • TypeDistrict Council
 • BodyCity of Freeport District Council
 • Chief CouncillorAntia Doherty
 • Deputy Chief CouncillorApril Crother-Gow
Area
 • City558 km2 (215 sq mi)
Elevation
10 m (30 ft)
Population
 (2000)
 • City26,910
 • Density48/km2 (125/sq mi)
 • Metro
55,500
Time zoneUTC-5 (Eastern Time Zone)
Area code242
IATA airport codeFPO
ICAO airport codeMYGF
Websitehttp://gbpa.com/home/

References change

  1. "Freeport Grand Bahama". Government of the Bahamas.