Bahamas declares itself 'open for business' as hurricane's impact becomes clear

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Bahamas declares itself 'open for business' as hurricane's impact becomes clear

Declaring the impact of Hurricane Dorian on the Northern Bahamas, "an historic tragedy," Prime Minister Hubert Minnis led a NEMA press conference at the National Emergency Management Agency (NEMA) headquarters yesterday as Dorian continued to menace Grand Bahama.

The prime minister said upon the "all clear" there will be rapid assessment and relief and recovery initiatives. The islands of most urgent focus are Grand Bahama and Abaco, which received the brunt of the hurricane. 

Critical measures are in place and every resource will be brought to bear, he said, to bring relief as quickly as possible to those affected islands. 

The majority of our islands of The Commonwealth of The Bahamas are fully operational and unaffected by the hurricane."

Tanya McCartney (pictured above), CEO and executive director of The Bahamas Financial Services Board (BFSB) stated in the aftermath of Hurricane Dorian that "The majority of our islands of The Commonwealth of The Bahamas are fully operational and unaffected by the hurricane.

"The capital city of Nassau, New Providence, which is the centre of government operations and financial services was spared a direct hit from Hurricane Dorian.  All government offices in Nassau have reopened today and our member firms are ready to serve their clients."

The Bahamas' government said it is asking the international community and business partners for support as it works to rebuild and restore its sister islands of Abaco and Grand Bahama.

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Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.