This is a best prospect industry sector for this country. Includes a market overview and trade data.
Since Hurricane Dorian in 2019, the second and third most populous islands of Grand Bahama and Abaco remain in need of redevelopment assistance. There are opportunities for U.S. companies in construction, non-oil and renewable energy, utilities management, water treatment, and repairs to critical infrastructure. Hurricane-resistant standards figure prominently in the government’s redesign and rebuilding plans, including topography design, temporary and permanent housing, and urban planning. There are opportunities in infrastructural development, including airport and seaport upgrades and roadway improvements – all requiring traditional and prefabricated materials, capital equipment and supplies, and constructions services.
Promising sub-sectors include hurricane-sustainable construction materials, heavy equipment, utility scale renewable energy products and services, and energy efficient products and services.
Opportunities include reconstruction on Grand Bahama and Abaco, with emphasis on shelter and modular housing, energy infrastructure development, restoration of utilities, water treatment, and repairs to critical infrastructure such as air and seaports, roads, and telecommunications. A multi-stage bidding process for multi-million-dollar airport redevelopment on several islands is underway.
The Bahamian government is also looking to incorporate hurricane-resistant standards in its redesign and rebuilding plans for both islands, including topography design, temporary and permanent housing, and urban planning. There is also an acute need for project coordination and logistics management.