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Global Ports Holding Chosen for 25-Year Concession in Bahamas

February 25, 2019

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Namely, following a competitive request for proposal process, the Government of the Bahamas awarded Nassau Cruise Port, a consortium comprising Global Ports Holding, the Bahamian Investment Fund (BIF) and the Yes Foundation the cruise port tender for the concession.

The parties will now work towards agreeing the terms of a concession contract. Following the successful execution of the concession agreement, GPH as part of NCP, will manage the cruise port operations in Nassau. In addition, NCP will invest in expanding the capacity of the port from six to eight berths, as well as building of a new terminal building.

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