The Tribune

PRIME Minister Hubert Minnis travelled to Atlanta, Georgia, on the weekend, where he urged Bahamians overseas and other potential investors at a special reception to invest in this country, saying his administration is cutting the red tape and long wait times associated with getting projects approved.

It marked Dr Minnis' first trip to the United States since being elected as prime minister in May.

Dr Minnis also extended sympathies to those in the US who have experienced loss and devastation from Hurricane Harvey.

He told those gathered that his administration has launched a programme of long-term economic growth, in order to reduce unemployment and to move the Bahamian economy to a more sustainable path.

"We are dedicated also to stabilising public finances, reforming government and addressing official corruption," Dr Minnis said.

"Our programme of reform and transformation includes new thinking about the role of government, as we create new and innovative partnerships for national development."

He invited Bahamians overseas, those with Bahamian heritage or links to the country to "consider new investment opportunities" in the Bahamas in areas ranging from tourism, aquaculture to the maritime sector.

"The Bahamas has a highly favourable investment regime. We are cutting the red tape and too often long waiting times for international investment projects to be vetted and approved.

"I invite you also to consider lending your talent and resources in areas such as youth development and community service.

"... During the run-up to the May general election and in my party's manifesto, we repeatedly pledged our commitment to utilising the gifts, and resourcefulness of the Bahamian Diaspora around the world.

"The Bahamian Diaspora is a major talent and investment pool that The Bahamas must tap into. Like other countries that have successfully done so, my government will cultivate and utilise the energy of the Bahamian Diaspora.

"Working with our foreign missions, we will create a database of Bahamians overseas who the country may tap into as potential investors and consultants.

"For example, if there is not a domestic Bahamian consultant available in a given area, the priority will be to locate a Bahamian overseas, instead of first using a non-Bahamian consultant. We are also giving consideration to an overseas council of the Bahamian Diaspora, which will utilise social media and a dedicated website that will help to produce a database and platform for communication of Bahamians overseas.

"Such an overseas council may also promote investment and job opportunities for Bahamians wishing to return to and/or work in The Bahamas. The council will also promote ways that Bahamians overseas can network and help with educational and community-minded projects that will benefit The Bahamas, especially young Bahamians. We intend to help create a global network of Bahamians to help boost national development and to create 21st Century Bahamas."

He said the government is also keen on targeting the African-American market, inclusive of the lucrative group tour market.

Dr Minnis was accompanied by his wife, Patricia, Minister of Foreign Affairs Darren Henfield, Mrs Henfield, and Acting Consul General Monique Vanderpool.