A series of proposed agricultural, energy, and biotechnology initiatives valued at more than $180 million was unveiled at a community event held Saturday at Coral Harbour Community Park, outlining a large-scale development pipeline aimed at strengthening food security, renewable energy capacity, and health innovation in The Bahamas.
The projects combine aeroponic farming, solar energy generation, and advanced medical research, with stakeholders presenting a coordinated approach to reducing import dependence while expanding local production and innovation.
At the centre of the agricultural plan is a proposed $50 million development in North Andros led by Rock Island Financial in partnership with Modern Roots. The project includes a 2,000-tower aeroponic farming system designed to increase food production despite land and climate limitations.
It also features a food processing and cold storage facility with freeze-drying, dehydration, bottling, and packaging capabilities, aimed at expanding export-ready, value-added Bahamian products. A second major component is a proposed $50 million solar energy project in North Andros, which includes battery storage systems for residential and commercial use, along with a home farming network in New Providence using tower-based systems.
Read more at Eyewitness News
