Grand Bahama Port Authority
Also known as GBPA
Private corporation granted quasi-governmental authority over Freeport, Grand Bahama by the 1955 Hawksbill Creek Agreement; founded by Wallace Groves, owned 50/50 today by the Hayward and St George families.
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Grand Bahama Port Authority
The Grand Bahama Port Authority is the private corporation that governs Freeport, Grand Bahama under the Hawksbill Creek Agreement (1955) — licensing businesses, administering land, and holding tax exemptions running to 2054 [S1]. Founded and controlled by Wallace Groves, the "Groves Interest" was bought out in 1978; the Authority is today owned 50/50 by the Hayward and St George families [S2]. Its land-development arm is Grand Bahama Development Company. See Offshore Finance Network (UAP Lore Audit).
Sources
[S1] "An Informal History of the Grand Bahama Port Authority, 1955–1985" | Grand Bahama Museum URL: https://www.grandbahamamuseum.org/images/pdfs/gbm-informal-history-port-authority-1955-1985.pdf Accessed: 2026-07-20 [S2] Grand Bahama Port Authority | Wikipedia URL: https://en.wikipedia.org/wiki/Grand_Bahama_Port_Authority Accessed: 2026-07-20
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