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Gov’t names new Board of Directors of the Freeport Airport Development Company

Gov’t names new Board of Directors of the Freeport Airport Development Company

FREEPORT, GRAND BAHAMA — Tourism, Investments, and Aviation Minister Chester Cooper yesterday announced the appointment of the Board of Directors of the Freeport Airport Development Company (FAD) with certified public accountant Terah Rahming on the helm.

Last yr, the Government of The Bahamas purchased the Grand Bahama International Airport (GBIA) through the Airport Authority.

FAD will function very similar to Nassau Airport Development Company (NAD) and is charged with overseeing the management and redevelopment of the airport that was significantly damaged by Hurricane Dorian.

In a press release, Cooper said Rahming has significant experience in business and finance.

“The Directors will include Peter Rutherford, Managing Director of the Airport Authority; Cassietta McIntosh, an Attorney; Elbert Hepburn, a Businessman; Forrester Carroll, a Businessman; Julian Sawyer, an Engineer; Harold Williams, an Airline Executive; and a representative from the Tourism Development Company,” he said.

“The appointment of FAD’s Board is a serious step toward the event of a world-class airport. Along with management oversight, the Board will serve because the evaluation committee of proposals which have been short-listed for a Public Private Partnership (PPP) for the redevelopment of the GBIA as a world-class airport.”

Cooper maintained restoring Grand Bahama’s economy was a serious pledge of the Davis-led administration, adding that a new state-of-the-art airport is a critical a part of that restoration.

“The board may also provide oversight of all points of the airport’s redevelopment which we aim to have accomplished sometime in 2025,” he said.

“The goal will probably be to construct a sustainable, resilient, modern facility that can facilitate the return of US pre-clearance and easily handle the increased air traffic that is constant to come back on stream for Grand Bahama.”

 

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