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The Hawksbill Creek Agreement established a duty-free zone in Freeport, the Bahamas' second-largest city, with a nearby industrial park to encourage foreign industrial investment. The Hong Kong-based firm, Hutchison Whampoa, has opened a container port in Freeport. The Bahamian Parliament approved legislation in 1993 that extended most Freeport ...
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.
For a period of years, Andros sponging was The Bahamas' largest industry. In the 1930s, the sponges were wiped out by a Red Tide infestation. The sponging industry died, and the spongers left the island for Key West, and Tarpon Springs, Florida. Thousands of unemployed Bahamians moved to the village of Coconut Grove near Miami. [13]
Great Inagua is the second largest island in the Bahamas at 596 sq mi (1544 km 2) and lies about 55 miles (89 kilometres) from the eastern tip of Cuba.The island is about 55 by 19 mi (89 by 31 km) in extent and mostly flat with some sand hills, the highest points being East Hill at 132 ft (40 m), Salt Pond Hill at 102 ft (31 m), and James Hill at 90 ft (27 m). [4]
Companies of the Bahamas by industry (8 C) S. Service industries in the Bahamas (6 C) This page was last edited on 24 January 2020, at 20:22 (UTC). Text ...
Baha Mar is a 1,000-acre (400 ha) resort complex on the island of New Providence in The Bahamas.Owned by Hong Kong–based Chow Tai Fook Enterprises, the establishment opened in April 2017. [1]
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This page was last edited on 24 January 2020, at 20:21 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike License 4.0; additional terms may apply.