The Bahamas government is trying to develop a partnership with Brazil to build an ethanol plant on Grand Bahama, which could result in the creation of as many as 4,000 jobs, Minister of Financial Services Ryan Pinder revealed October 8.
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Curacao Chronicle
Thursday, October 11, 2012
Thursday, October 11, 2012
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NASSAU, Bahamas – The Bahamas government is trying to develop a partnership with Brazil to build an ethanol plant on Grand Bahama, which could result in the creation of as many as 4,000 jobs, Minister of Financial Services Ryan Pinder revealed on Monday.
“We spoke to one of the largest ethanol producers in Brazil and they have such a high consumption of ethanol they have to look for export markets. They need to look in other jurisdictions. I propose again, Grand Bahama, because of the container port that’s there, and the closeness to Andros – you may be able to utilize the sugar cane. Now their estimates were 3,000 to 4,000 jobs that can come out of that one initiative,” Pinder told reporters on the sidelines of the Trade in Services Workshop on Monday morning.
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