$4 mil. port building will be ‘one-stop shop’
Guardian Business Reporter
Published: Sep 26, 2013
A $4 million administration building currently under construction at the Nassau Container Port will be a “one-stop shop” for import and export administration, greatly improving the efficiency of related processes, according to an Arawak Port Development (APD) company executive.
Michael Maura Jr., chief executive officer at APD Ltd., told Guardian Business the firm’s 25,000-square-foot administration building is progressing well and is set to open February 2014. Once opened, the facility will provide significant benefits to all stakeholders involved in trade.
“Time is money, so I think the consolidation of these services in one building on Arawak Cay is going to be a tremendous enhancement to the overall supply chain,” he said.
As a one-stop shop for
imports and exports, the new complex will allow for a very different scenario from what is happening now.
“As it stands, there is a considerable amount of time being spent in traffic, cars and so forth. What often happens today when your cargo arrives, the importer has to go to the shipping company’s office to pick up the papers,” according to APD’s chief.
“They then have to drive to Thompson Boulevard to Customs headquarters where they complete their customs paperwork. They then have to drive to the port to then collect the cargo.”
He confirmed that APD Limited’s administration offices, Bahamas Customs, the Department of Environmental Health Services, the Department of Agriculture, the Royal Bahamas Police Force and shipping companies will occupy spaces in the state-of-the-art complex. There will be also be over 6,000 square feet of Bahamas Customs services available at the facility.
“This facility has great potential. If you had cargo that landed in Nassau, you would be able to go to the shipping company right there within the building. You would be able to pay your freight, pick up your shipping papers,” Maura said to Guardian Business.
“You would be able to walk a 100 feet to the west. There, you would be able to complete your customs entries, pay your duties and so forth. And then you can literally hand off to your trucker, if you weren’t collecting the goods yourself.”
When construction ends, APD Limited will solely focus on ongoing operations and improving efficiencies to maximize revenue.