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TheBahamasInvestor.com
Friday, July 26, 2013 Friday, July 26, 2013 |
The construction industry in The Bahamas is continuing to reap the benefits of Foreign Direct Investment (FDI), while tourism is seeing slow but steady growth according to the Central Bank of The Bahamas which released its monthly economic report for June yesterday.
In its Monthly Economic and Financial Developments bulletin, the Central Bank of the Bahamas noted that ongoing FDI projects, such as the Cable Beach mega-resort Baha Mar, as well as public infrastructure programmes were supporting the domestic construction sector.
And according to the Central Bank, tourist arrivals for the first four months of the year grew by 2.7 per cent to 2.3 million visitors. Visitors to New Providence increased by 9.6 per cent to 1.3 million, with the majority of these coming by sea.
To read the full report, download it here.
