What are bahamas major industries? What are the risks to these industries?
please helppp
@Hayhayz @MaddieLB @maddieayeeee
INDUSTRY A few Bahamas-owned industrial companies dominate this sector: the BORCO oil facility, based in Freeport; the Commonwealth Brewery in Nassau, which produces Heineken, Guinness, and Kalik beers; and Bacardi Corp., which distills rum in Nassau for shipment to US and European markets. In addition, a formerly US-owned pharmaceuticals company now operates in Freeport as PFC Bahamas and is owned by the Swiss pharmaceutical company Roche. In addition to these companies, sun-dried sea salt and aragonite (a form of limestone) are produced. Cruise ship repairs are carried out at a wet dock facility in Freeport. Large-scale oil refining began in 1967 with the installation of a large refinery on Grand Bahama with a daily capacity of 500,000 barrels, but by 2000 no oil was being refined. The BORCO facility now services primarily as a resource for regional oil transshipments. A duty-free zone and nearly industrial park in Freeport have been established to encourage foreign industrial investment. Through these efforts, Hong Kong-based Hutchison Whampoa opened a container port. The Bahamian Parliament approved legislation in 1993 that extended most Freeport tax and duty exemptions through 2054.
That's what i found on this website http://www.encyclopedia.com/places/latin-america-and-caribbean/caribbean-political-geography/bahamas#INDUSTRY
Major industries include cement-making, oil refining and trans-shipment, salt production, rum distilling, aragonite, pharmaceuticals, and spiral-welded steel pipe manufacture. Freeport, on the island of Grand Bahama, is The Bahamas' largest industrial and manufacturing centre. What I found just looking the question up
thanks guys
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