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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.
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.
The Freeport Hebrew Congregation is a former Reform Jewish congregation and synagogue, that was located in Freeport, in the Bahamas. Completed in 1972, the synagogue closed in 2021, with its demise attributed to the COVID-19 pandemic .
Looking for something to do this weekend in the Freeport area? Here are 18 upcoming events.
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West End (also referred to as "Settlement Point" [1] [2]) is the oldest town and westernmost settlement on the Bahamian island of Grand Bahama.It is agreed by most academics and lawmakers that West End is the current capital of Grand Bahama, contrary to the popular belief that Freeport is the capital of the island.
The Xanadu Beach Resort & Marina, also known as the Xanadu Princess Resort & Marina, was a resort and marina on the island of Grand Bahama in the Bahamas.Built in 1968, the resort was purchased by Howard Hughes in 1972 and was for several years the most celebrated resort in the Caribbean and served as a hideaway for the Hollywood jet set of the era.
In 2009, the now former Ginn Company defaulted on a $650 million Credit Suisse which a major portion of the loan was used to fund Ginn Sur Mer. The project once pegged at $5 billion would have included thousands of home sites, 4 star resort hotel, two golf courses, airport and mega yacht marina has now come to a complete halt.