Bahamas construction permit values surge ~$700m in 2025; starts up 24%

Bahamian construction permit values rose by nearly $700m in 2025, with starts up 24% and completions up 11.2% year-on-year, though the combined value of starts fell $17m. The surge signals sustained building activity, likely driven by tourism and foreign investment, but the decline in starts' value suggests a shift toward smaller projects. This points to continued infrastructure expansion in the Bahamas, with implications for local employment and economic growth.