Deputy Prime Minister and Minister of Tourism, Investments & Aviation, the Honorable I. Chester Cooper, continued his trade mission to West Asia with an official visit to The Kingdom of Saudi Arabia. The delegation arrived in Riyadh on Tuesday, September 26.
On Wednesday, the Deputy Prime Minister will sign a major loan agreement with extremely favorable terms from the Kingdom of Saudi Arabia on behalf of the Commonwealth of The Bahamas for the construction of airport infrastructure in the Family Islands that will advance the tourism sector in The Bahamas and the country’s gross domestic product.
This loan is a critical part of the Davis administration’s Family Island Airport Renaissance project.
The Deputy Prime Minister and other members of the delegation will also celebrate the commemoration of the 43rd annual World Tourism Day and engage in important talks to advance the relationship between our two countries.
Additionally, he will engage with world leaders on new tourism investment strategies and meet with high-level stakeholders and decision makers from across the tourism and investments sectors to discuss burgeoning opportunities for The Bahamas.
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“The relationships this administration has forged on behalf of The Bahamas throughout West Asia since coming to office have resulted in tangible, remarkable results that will move our nation forward,” said Deputy Prime Minister Cooper in Riyadh.
“Our partnership with the Kingdom of Saudi Arabia and the Saudi Fund for Development will help transform our Family Island airport infrastructure in a way that has not been seen before. We have also had very meaningful discussions about further strengthening ties to The Bahamas and the Caribbean by leveraging our small countries’ mighty voices and strategic alliances to advance the interests of all involved.”
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SOURCE: The Bahamas Continues Middle East Trade Mission
