Nassau Cruise Port Ltd (NCP), the consortium comprised of Global Ports Holding (GPH), the Bahamas Investment Fund (BIF), and the Yes Foundation, has signed a 25-year port operation and lease agreement with the Government of the Bahamas for the development of the Prince George Wharf and related areas at Nassau cruise port.

Nassau is the capital city of the Bahamas and one of the most popular cruise destinations in the world, welcoming 3.7 million passengers per annum. NCP will invest up to US$250 million in the development and expansion of the port. The development will include the construction of a new terminal building; the creation of an event and entertainment area; investment into improving the current retail facilities; and the design and construction of new food and beverage facilities. 

The project will also seek to improve the transport connections and traffic flow through an intermodal area for bus stops, taxis, and parking. It will also feature electric trams to transport passengers from ships to the terminal.