The Government of The Bahamas is looking to expand the range of Private Public Partnership (PPP) arrangements in which it is involved as a means of efficiently and effectively providing the public infrastructure required for the nation's development needs, Prime Minister the Rt. Hon. Perry G. Christie said.

"Beyond expanding its current roster of arrangements in the areas of ports and airports, we will examine possibilities for the construction and leasing of public building infrastructure and office complexes," the Prime Minister said.

'As well, we would be open to possible PPPs in the areas of health, schools, water production and distribution, as well as electricity generation and distribution," he said at the Conference on Public Private Partnerships in Infrastructure Development and Financing at Atlantis, Thursday, June 20, 2013.

The Government will focus on recovering public building for administrative purposes. "The next important innovation in public private partnerships will be for us to begin to satisfy more of the Government's need for office premises, and to begin to leverage the Government's real estate interests to accelerate the redevelopment of the downtown Nassau area."

Prime Minister Christie said the Government owns a number of important buildings in the downtown area that are in a state of disrepair.  "We will seek to bring private investment to bear in helping to renovate these premises."

Source: Government of Bahamas