November 13, 2020
The Free National Movement (FNM) issued the following statement regarding the recent CISCO Systems agreement to develop an information and communications technology (ICT) hub:
“Our Prime Minister, Dr. Hubert Minnis, is proving that true leaders can work to manage an unprecedented global crisis while also continuing to keep The Bahamas on the long-term path to prosperity. This week’s announcement about efforts with CISCO Systems shows the Minnis Administration remains committed to growing the economy, creating jobs and preparing the way for long-term growth and opportunities.
“CISCO Systems, one of the world’s largest tech firms, has signed an agreement with the Government to develop an innovation center in Grand Bahama. From the outset, the Minnis Administration was focused on bringing in new industries and creating new jobs in The Bahamas. Our Government is getting results. The addition of CISCO Systems, which is committed to assisting with domestic and international marketing, will help build a solid foundation to attract other tech firms to Grand Bahama with a goal of helping transform the island into an information and communications technology hub. This would diversify our economy, expanding opportunities for Bahamians.
“Even more encouraging, the Government is ensuring workforce readiness, as 300 high school students are already receiving training in ICT, through BTVI, with 100 more joining the program next month. Through its own educational apparatus, CISCO is committed to training an additional 100 software engineers to build home-grown talent here, which will also help attract and sustain new tech firms.
“Our Prime Minister has left no stone unturned in his commitment to grow and diversify our private sector. While providing short-term job growth in construction and development, initiatives like the innovation hub will give Bahamians new opportunities and new careers for decades to come. Our FNM Government has shown it will work to grow our economy and create an environment for businesses to create good-paying, private sector jobs for all Bahamians, because they know we deserve nothing less from our elected leaders.”