September 30, 2016
A tripartite Memorandum of Understanding (MOU) between the Ministry of Finance, the Inter-American Investment Corporation (IIC) which is the private sector arm of the IDB and the Grand Bahama Port Authority was signed on Thursday, September 29, 2016 at the Ministry for Grand Bahama. Shown standing from left are Florencia Attademo-Hirt, IDB’s representative in The Bahamas; Jerry Butler, Caribbean executive director, Inter-American Development Bank; Sarah St George, vice-chairman, Grand Bahama Port Authority; Melvin Seymour, permanent secretary, Ministry for Grand Bahama; and Graham Torode, chief executive officer, The Grand Bahama Development Company (DEVCO). Seated from left are: Henry St George, vice-president, Grand Bahama Port Authority; Dr Michael Darville, Minister for Grand Bahama; James Scriven, general manager, Inter-American Investment Corporation (IIC); and Michael Halkitis, chairman of the IDB and IIC and Bahamas Minister of State for Finance. Photo: Vandyke Hepburn/BIS
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Partnership deal to make IADB resources available in Freeport
A memorandum of understanding was signed on Thursday establishing a “strategic partnership” between the Ministry of Finance, the Inter-American Investment Corporation and the Grand Bahama Port Authority that will make Inter-American Development Bank resources available for private sector development in Freeport.
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