Freeport, Bahamas

	Coordinates: 26°31′42.5″N 78°41′47.7″W / 26.528472°N 78.696583°WCoordinates: 26°31′42.5″N 78°41′47.7″W / 26.528472°N 78.696583°W
Country	Bahamas
Island	Grand Bahama
District	Freeport
Established	1955
Government
• Type	District Council
• Body	City of Freeport District Council
• Chief Councillor	Antia Doherty
• Deputy Chief Councillor	April Crother-Gow
Area
• City	558 km2 (215 sq mi)
Elevation	10 m (30 ft)
Population (2000)
• City	26,910
• Density	48/km2 (125/sq mi)
• Metro	55,500
Time zone	UTC-5 (Eastern Time Zone)
IATA airport code	FPO
ICAO airport code	MYGF
Website	http://gbpa.com/home/

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).^[1]