Deputy Prime Minister I. Chester Cooper to Lead Bahamian Delegation in Promoting Investment in Infrastructure, Renewable Energy, and Sustainable Development

he Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation, will lead a delegation to Washington, D.C., this week for the Business and Investment Forum 2024. The forum, set for Thursday, 12th September at the University Club of Washington, D.C., aims to boost economic growth by promoting investment opportunities back home.

Hosted by the Embassy in Washington, D.C., under the theme "Rediscovering The Bahamas: Its Potential and Investment Opportunities," the event will connect international investors with key sectors of the economy.

“The Government remains committed to maintaining our status as a premier destination for tourism and investment,” said DPM Cooper. “This forum presents a crucial opportunity to showcase the wide range of investment opportunities in our country, from infrastructure and renewable energy to maritime and agriculture. Our ongoing efforts to create a business-friendly environment are supported by regulatory reforms designed to enhance efficiency, transparency, and sustainability."

The Investment Authority has played a key role in fostering a competitive investment climate that encourages economic growth, job creation, and investor confidence. The government remains focused on balancing the interests of the local community, business partners, and visitors.

Joining DPM Cooper in the delegation are the Hon. Frederick Mitchell, Minister of Foreign Affairs; the Hon. Michael Halkitis, Minister of Economic Affairs; and senior officials from the Ministry of Tourism, Investments & Aviation.

The forum will include four panel discussions, with a focus on key areas of national economic growth, including sustainable development, technological innovation, and the move toward a digital society. Other topics will explore investment opportunities in real estate, airport modernization, and eco-friendly tourism, all of which continue to attract major international business partnerships.

As a global leader in tourism, welcoming over 10 million visitors annually, The Bahamas continues to see strong private sector investment. Luxury hotel brands such as Ritz Carlton, Six Senses, and Rosewood are expanding their footprint, while major cruise lines are investing heavily in private island developments, bringing further economic benefits. The government's commitment to environmental sustainability and climate change mitigation strengthens the country's position as a top destination for both tourism and investment.

Media Contact:
Danielle Bodie
General Manager- Domestic Communications
Dbodie@bahamas.com