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Guardsman to spend $500m setting up Bahamas operations by October


Guardsman Group will invest half a billion dollars in its Bahamas operations that is to be set up within six months.

It will offer guarding services, armoured trucks, cash-in transit, as well as vehicle tracking, to name a few of the group’s services to country considered as one of the Caribbean’s leading international financial services centre.

Kenneth Benjamin, executive chairman of the Guardsman Group, which Guardsman Armoured is a subsidiary of, told Sunday Finance that his company was called to the Bahamas.

“We decided to go because we were invited by some banks,” said Benjamin. “What we provide, nobody else in the region or even North America does.”

The group never stops expanding, Benjamin declared.

Published in the Jamaica Observer
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