Business
Saudi Arabia Invests In Tourism Development Center
NASSAU, BAHAMAS – A $10 million dollar loan has been secured to fund the Tourism Development Corporation’s Business Incubation Centers.
NASSAU, BAHAMAS – A $10 million loan has been secured to fund the Tourism Development Corporation’s Business Incubation Centers.
Acting Prime Minister and Minister of Tourism Chester Cooper making the announcement Monday and reveals the funds come from an agreement between The Bahamas and the kingdom of Saudi Arabia.
The Bahamas Incubation Center seeks to accelerate local economic development and increase entrepreneurial opportunities in the tourism sector.
Cooper says it will also provide new businesses with support and resources to assist them in developing sustainable profitable businesses.
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