Bahamas Roads and Highways Tenders and Bids

Get access to latest Bahamas roads highways tenders and bids. Find business opportunities and government contracts for Bahamas roads highways tenders, Government roads highways tenders Bahamas, global roads and highways tenders, Bahamas road construction tenders, Bahamas highway construction tenders, Bahamas concrete construction tenders, road highway construction tenders. Find Bahamas road highway bids, tenders, procurement, RFPs, RFQs, ICBs. 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. A road is a linear way for the conveyance of traffic that mostly has an improved surface for use by vehicles (motorized and non-motorized) and pedestrians. Unlike streets, the main function of roads is transportation. There are many types of roads, including parkways, avenues, controlled-access highways (freeways, motorways, and expressways), tollways, interstates, highways, thoroughfares, and local roads. Major modern highways that connect cities in populous developed and developing countries usually incorporate features intended to enhance the road's capacity, efficiency, and safety to various degrees. Such features include a reduction in the number of locations for user access, the use of dual carriageways with two or more lanes on each carriageway, and grade-separated junctions with other roads and modes of transport. These features are typically present on highways built as motorways (freeways).