In Freeport, ships arrive from and depart to ports in the United States, the Caribbean, Mexico, South America, Europe, the Far East, and Australia via Atlantic trade routes; and to the Pacific via the Panama Canal. Its ideal location, fast turnaround times and advantageous tarriffs, have established Freeports reputation as a major trans-shipment centre.
Freeport features one of the largest man-made harbours in the world and the deepest in the region. Other features include a carefully planned and developed complex of complimentary facilities: a modern container port; a full-service cruise centre; an international airport; and a sea/air business centre.
The Freeport Container Port is privately owned and operated by Hutchison Port Holdings (HPH), the world’s leading port investor, developer, and operator with interests in 26 countries. Situated at Freeport’s deep-water harbour, the port offers container vessels quick access to 3,400 feet of berthing space with a minimum alongside depth of 15.5 meters.
Grand Bahama International Airport is a privately owned joint venture between Port Group Limited (PGL) and Hutchison Port Holdings (HPH). The 11,000-foot runway handles the largest aircraft in service and is within easy reach of all major US destinations. The airport is a key element in GBPA’s long-term strategy to develop an integrated distribution hub and trans-shipment centre on Grand Bahama. Additionally, the airport has a U.S. Pre-clearance facility, which provides the opportunity for many more direct flight connections without requiring travel through an International Airport in the U.S. The Sea Air Business Centre (SABC) is a 741-acre industrial and distribution park located within a tax-free trade zone between the deep-sea container port and the Grand Bahama International Airport. The SABC is the perfect location for large warehousing, distribution, trans-shipping, and light industry companies.
SABC investor highlights:
• Tax-free profits, capital gains, inheritance, and income.
• Tax-free imported and exported goods.
• Varied-sized structures can be suited to your specifications.
• Ideally suited for warehousing and distribution facilities.
• Repacking for domestic and international markets.
• Pre-positioning of distribution centre goods.
• Vehicle and parts distribution hubs.
• Easy access to airport and seaport.
• Preferential trade access to North America and Europe.