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Freeport, Bahamas facts for kids

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City of Freeport
The Industrial Capital
The Second City
Love is everything
Country The Bahamas Bahamas
Island Crest of Grand Bahama.gif Grand Bahama
District Freeport
Established 1955
 • Type District Council
 • City 558 km2 (215 sq mi)
10 m (30 ft)
 • City 26,910
 • Density 48/km2 (125/sq mi)
 • Metro
Time zone UTC-5 (Eastern Time Zone)
Area code(s) 242
IATA airport code FPO
ICAO airport code MYGF
Flag of the Bahamas.svg

Freeport is a city, district and free trade zone on the island of Grand Bahama. It is in North-west Bahamas. In 1955, Wallace Groves, a Virginian financier, was given 50,000 acres (or 202 km2) of pineyard with swamp and scrubland areas by the Bahamian government. They were asked to develop the area economically. Freeport has grown and is now the second most populous city in the Bahamas. The main airport in Freeport is the Grand Bahama International Airport. The Grand Bahama Port Authority (GBPA) runs the free trade zone, under the Hawksbill Creek Agreement signed in August 1955. There, the Bahamian Government agreed that businesses in the Freeport area will pay no taxes before 2054. The area of the land grants has been increased to 138,000 acres (or 526 km2).

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