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Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest part of The Bahamas.In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted 20,000 hectares (50,000 acres) of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area.
Freeport Container Port covers a 72-hectare (180-acre) area with docks stretching 1,037 metres (3,402 ft) and a draught of about 16.1 metres (52 ft 10 in). FCP can handle ships up to 16,100 TEUs , and is equipped with three berths averaging 15 metres (49 ft) in depth.
Grand Bahama International Airport (GBIA) (IATA: FPO, ICAO: MYGF) is an international airport in Freeport, The Bahamas.It was privately owned until the government of The Bahamas purchased it in April 29 2021 for one Bahamian dollar, a deal they were able to procure largely due to the devastation from Hurricane Dorian, which almost completely destroyed the airport in 2019.
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Tug and barge in Freeport Harbour, with container terminal and shipyards in background. The Grand Bahama Port Authority [1] ( GBPA or "Port Authority") is a privately held corporation that also acts as the municipal authority for Freeport, Grand Bahama Island, The Bahamas. The GBPA was created by the Hawksbill Creek Agreement.
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
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