DPM Unveils Island’s Economic Expansion Plans at Exuma Business Outlook

NASSAU, Bahamas – October 31, 2021: Deputy Prime Minister the Honourable I. Chester Cooper delivered the keynote address at the 15th Exuma Business Outlook virtually last week. Under the theme “Facing Unprecedented Times: Recover. Adapt. Advance.,” Cooper shared his plans to stimulate economic growth in Exuma and the Exuma Cays. He encouraged local entrepreneurs to unite and to build together.

“My e-vision 2030 provides a blueprint for where we want to take Exuma, but as I have stressed to you before, we, as business leaders, as Exumians, must have a shared vision to develop our home.”

The seminar addressed immediate concerns for the southern island chain. The Exuma Business Outlook featured presentations that focused on current pressing issues such as economic recovery, tourism investment opportunities and infrastructure advancement.

“I envision a hub for the Central and Southern Bahamas, and indeed for our nearest Caribbean neighbors, that positions us as a force not only in The Bahamas, but in the region.”

“To properly do this, we have to focus on investment, infrastructure, airlift, entrepreneurship, land reform, healthcare and education.”

Exuma, whose waters have captivated the world, is a leading Out Island tourist destination that has attracted significant foreign direct investment in the tourism sector. Cooper expressed his Ministry’s intention to expand the tourism market in Exuma.

“We are currently looking at entering into a public private partnership for the redevelopment of the Black Point airport.”

“We’re also looking at making Black Point or Staniel Cay a port of entry." 

“This will open these islands to the ultra-wealthy, for more entrepreneurial opportunities for Exumians, with attractive competitive offerings.”

Deputy Prime Minister Chester Cooper, Minister of Tourism, Investments & Aviation, a native ofExuma, reiterated his continued commitment to investing in Exuma.

“Exuma remains my priority, just as Exuma remains my home. I am deeply invested in the advancement of Exuma, as I believe its potential is limitless.”