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Only about 0.8% of the Bahamas' land area is arable, about 140 square km (54 square miles). [5] Most arable land is on New Providence, Abaco, Andros, and Grand Bahama islands; challenges for Bahamian agriculture include limited fresh water resources for irrigation, the difficulties of inter-island transport of goods in the archipelago, a lack of human capital, the country's small size (which ...
The Bahamas real estate market is heating up, and some experts say 2025 could be your year to grab a piece of paradise. With construction activity up by $57 million in the first half of 2024 ...
GreenLife Growers, a Bahamian native tree nursery at Young Sound, provides landscaping material to real estate developers and government projects throughout The Bahamas. [30] Commercial fishing remains a mainstay of the island's economy: conch, lobster, snapper and grouper are all commercially harvested for sale locally and in Nassau's fish ...
For example, in February 2020, fishing in the Dominican Republic was a 93.4 million USD industry, but illegal activity by both local and foreign fishers from Honduras, Nicaragua, and South Korea have caused a deficit in fish; as a result, the country is forced to import fish that could otherwise by caught or farmed within its sovereign borders.
In February 2004, Realogy Holdings (NYSE: RLGY), a real estate franchising and provider of real estate brokerage entered into a long-term alliance with Sotheby's, the operator of the Auction House. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system.
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
The fishing industry includes any industry or activity that takes, cultures, processes, preserves, stores, transports, markets or sells fish or fish products. It is defined by the Food and Agriculture Organization as including recreational , subsistence and commercial fishing , as well as the related harvesting, processing , and marketing ...
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