16 November 2016 - Business View Caribbean
Opening
Lines
Bahamas Government
Eyes $2 Billion Agri-Fishery
Deal with China
The government of The Bahamas has given the green
light to its embassy in Beijing, China, to further pur-
sue a possible agriculture and fisheries partnership
with the Chinese that promises to pump $2.1 billion
into the Bahamian economy over ten years.
According to the proposal, the initiative will entail
the incorporation of 100 Bahamian companies un-
der the Companies Act of 1992 and each of the 100
companies will be owned 50-50 by both China and
by Bahamians or Bahamian entities.
The initiative would see China, or its substantive
representatives, contributing to the 100 participat-
