Bahamas Railways Tenders and Bids

Get access to latest Bahamas railway tenders, rolling stocks tenders and bids. Find business opportunities and government contracts for Bahamas railway tenders, Bahamas signaling tenders, Bahamas locomotive tenders, Bahamas rolling stock tenders, rail brake tenders, rail car tenders, Bahamas freight wagon tenders, Bahamas track construction tenders, track maintenance tenders, Bahamas rail road tenders, Bahamas rail construction tenders. Find Bahamas rail tenders, bids, procurement, RFPs, RFQs, ICBs. Search for Bahamas rail tenders online. The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth for many years. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. Manufacturing and agriculture together contribute approximately 10% of GDP and show little growth, despite government incentives for those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the United States, the source of more than 80% of the visitors. In addition to tourism and banking, the government supports the development of a "2nd-pillar", e-commerce. Rail transport is a means of transferring passengers and goods on wheeled vehicles running on rails, which are located on tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tired road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facilities. Power is provided by locomotives which either draw electric power from a railway electrification system or produce their own power, usually by diesel engines or, historically, steam engines. Most tracks are accompanied by a signalling system. Railways are a safe land transport system when compared to other forms of transport.[a] Railway transport is capable of high levels of passenger and cargo utilisation and energy efficiency, but is often less flexible and more capital-intensive than road transport, when lower traffic levels are considered.