Freeport, Bahamas

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City of Freeport
Finnjet.jpg
Nickname(s): The Industrial Capital
The Second City
Motto(s): Love is everything
CountryThe Bahamas Bahamas
IslandCrest of Grand Bahama.gif Grand Bahama
DistrictFreeport
Established1955
Government
 • TypeDistrict Council
 • Chief CouncillorAntia Doherty
 • Deputy Chief CouncillorApril Crother-Gow
Area
 • City558 km2 (215 sq mi)
Elevation10 m (30 ft)
Population (2000)
 • City26,910
 • Density48/km2 (125/sq mi)
 • Metro55,500
Time zoneUTC-5 (Eastern Time Zone)
Area code(s)242
IATA airport codeFPO
ICAO airport codeMYGF
Websitehttp://gbpa.com/home/
Flag of the Bahamas.svg

Freeport is a city, district and free trade zone on the island of Grand Bahama. It is in North-west Bahamas. In 1955, Wallace Groves, a Virginian financier, was given 50,000 acres (or 202 km2) of pineyard with swamp and scrubland areas by the Bahamian government. They were asked to develop the area economically. Freeport has grown and is now the second most populous city in the Bahamas. The main airport in Freeport is the Grand Bahama International Airport. The Grand Bahama Port Authority (GBPA) runs the free trade zone, under the Hawksbill Creek Agreement signed in August 1955. There, the Bahamian Government agreed that businesses in the Freeport area will pay no taxes before 2054. The area of the land grants has been increased to 138,000 acres (or 526 km2).[1]

References[change | change source]

  1. "Freeport Grand Bahama". Government of the Bahamas.