The Government will continue to work with Baha Mar to implement the agreement towards successful development of the $2.6 billion resort on Cable Beach.
The construction of an Embassy of the People’s Republic of China on New Providence is touted as a tangible symbol of friendship and mutually beneficial relations between both countries.
The groundbreaking ceremony for the 1,000-acre Baha Mar resort was held in Nassau, yesterday. The event was attended by ministers of The Bahamas and executives of the Chinese companies that are funding and helping to build it.
More than one million gallons of untreated waste from residences in Pinewood Gardens and its outlying areas is estimated to be overflowing daily.
Police are continuing to investigate allegations that millions of dollars went missing as a result of a scam related to housing repairs in Grand Bahama.
A fire ravaged half a dozen buildings towards the eastern end of downtown Nassau on Valentine’s Day, causing an estimated $30 million in damage, leaving many jobless and damaging historic buildings.
Property group Harcourt Developments is said to be considering the sale of a Bahamas resort it bought in 2007 but left undeveloped because of the property market collapse.
Business owners on Baillou Hill Road were informed about plans to commence construction of roadworks for the one-way system that will continue on Baillou Hill Road north to Duke Street.
Positioned as a “strategic asset” for generating economic growth, the redeveloped Lynden Pindling International Airport (LPIA) will be able to accommodate 5.2 million passengers annually, almost double the current passenger capacity.