Bahamas Development Corp. (BDCI) Begins Establishing Operations on the Island of Freeport, Bahamas
March 08 2017 - 8:58AM
InvestorsHub NewsWire
WEST PALM BEACH, FL -- March 8, 2017 -- InvestorsHub NewsWire --
Bahamas Development Corporation (USOTC:BDCI)
has begun formal steps to establish operations in Freeport,
Bahamas.
The President of BDCI visited Freeport and held several
successful meetings to begin operations. The Grand Bahamas Port
Authority (GBPA) hosted BDCI at their offices and made available
one of their conference rooms for BDCIs use.
While in Freeport BDCI met Counsel to establish the Bahamian
Corporation for all Island operations. All assets, including real
estate, will be 100% BDCI owned. The Corporation, business
licensing, and work permits are estimated to be completed in 8
weeks.
BDCI met with Officials from the Grand Bahamas Utility Company
(GBUC). Health properties of Freeports water quality were
discussed, and a favorable price per gallon was established with
GBUC. Freeports water flows from a lens. It is pure and loaded with
naturally occurring vitamins and minerals. Water is filtered
through the Islands limestone foundation, creating naturally fresh
pure high alkaline water, and does not require reverse osmosis
filtering.
One of the more critical meetings held was with the Bahamas
Technical & Vocational Institute (BTVI). The discussion
centered on building a labor force capable of manufacturing BDCIs
t-shirts and high performance apparel. BDCI and BTVI collectively
will offer a personnel training course sponsored by BCDI. All
applicants will be pre-screened by the BVTI, then put through the
course. Students who successfully complete the course will be
offered employment at the local BDCI manufacturing facility. BTVI
is currently developing the course with the goal of having it on
their summer schedule.
Before leaving the Island BDCI toured sites in Freeport to house
both operations. BDCI is focused on two 5,000 square foot buildings
that are for sale and is currently working through Bahamian real
estate brokers.
Freeport receives over 500,000 visitors monthly looking for
Island made products. BDCI is positioning itself to be the only
Company on the Island manufacturing and selling Bahamian made
products, while offering the only official Water of the
Bahamas.
Recent Acquisition Native Outfitters:
Native Outfitters is a fast-growing wholesale turnkey
performance lifestyle apparel company that uses proprietary blend
Anti-Snag SPF50+ Sun Protection fabrics to provide, comfortable
high performance apparel. The Company is focused on the "HOT"
Athleisure category and has established distribution channels in
the U.S. and Caribbean.
https://www.nativeoutfitters.com/
For additional information about this release please
contact:
Investor Relations:
769-218-1796
info@bahamasdevelopmentcorp.com
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