$500k donation to Over-the-Hill program
Albany Bahamas and Mark Holowesko donated $500,000 to the government’s Over-the-Hill program.
Holowesko donated $100,000 to the initiative and $100,000 to the Small Business Development Centre (SBDC).
Albany Senior Vice President Tyrone McKenzie presented a $300,000 check to Prime Minister Dr. Hubert Minnis toward the redevelopment of the Southern Recreation Grounds.
Last November, Albany donated $300,0000 to the initiative.
During a press conference at the Office of the Prime Minister yesterday, Minnis praised the donations and said that they illustrate that the two parties “care that everybody in The Bahamas should be able to improve their quality of life and become entrepreneurs”.
“We’ve already started the rejuvenation of the Over-the-Hill program,” Minnis said.
“As you know, we’re more than three quarters of the way completed with the Southern Recreational Grounds, which will be an excellent facility and tourist attraction, the model path within the Bahamian society and within the Over-the-Hill community.
“We commenced a clean up of the Over-the-Hill community and what has been most enlightening to me is already I have seen numerous tour buses, not just one tour bus company but several different companies, that have been traveling throughout the inner city showing and demonstrating what are the benefits and the historical sites.”
Referring to the SBDC donation, the prime minister said, “I challenged the SBDC with the establishment of a program so that this money can be dispensed as grants, meaning gifts to individuals who are in the Over-the-Hill community.”
The Economic Empowerment Zones Bill was passed in Parliament in July 2018 and offers tax exemptions and benefits for residents and businesses in the designated economic zones.
Minnis has noted that through these initiatives the government hopes to see a rebirth of the values, beauty and economic viability of Over-the-Hill.
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