AGP Executive Report
Last update: 5 hours agoEnergy Investment: AxDo Bahamas has signed an 11-year LNG supply deal with Excelerate Energy, anchoring a planned Grand Bahama hub. The project could involve more than $200 million in investment, create up to 100 jobs and lower fuel costs for Family Island power producers. Digital Economy: A new study estimates AI could add up to $348 million to annual economic output within a decade, but flags gaps in youth training and data. BTC has also pledged to work with the government on digital development. Aviation: The government is advancing plans for the country’s first certified aircraft maintenance facility, aiming to keep millions in maintenance spending at home and build local skills. Power Supply: North Guana Cay residents have endured up to 13 days without reliable electricity as BPL works through transformer problems and a subsea cable fault. Tourism and Agriculture: The Bahamas has joined the International Solar Alliance, while the government has distributed 13,000 coconut seedlings to farmers. Winter airlift is also expanding as the country promotes Junkanoo and island tourism.
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