Place:Freeport City, Grand Bahama, Bahamas

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NameFreeport City
Alt namesFreeportsource: Encyclopædia Britannica (1988) IV, 966
TypeDistrict
Coordinates26.5°N 78.7°W
Located inGrand Bahama, Bahamas
source: Getty Thesaurus of Geographic Names


the text in this section is copied from an article in Wikipedia

Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest Bahamas. In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area. Freeport has grown to become the second most populous city in the Bahamas.

The main airport serving the city is the Grand Bahama International Airport, which receives domestic flights from various islands of the Bahamas as well as several international flights from the United States and Canada. Freeport is also served by domestic Bahamian ferry services to other islands.

The Grand Bahama Port Authority (GBPA) operates the free trade zone, under the Hawksbill Creek Agreement signed in August 1955 whereby the Bahamian government agreed that businesses in the Freeport area would pay no taxes before 1980, later extended to 2054. The area of the land grants within which the Hawksbill Creek Agreement applies has been increased to .


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