With all the corruption and legal wrangling over the arbitration award and verdict, the two protagonists – Plainfield and Mr Stein/RHS Ventures – along with the jilted time share owners, remain in “limbo”.
Swayed by a super-low interest loan from the Chinese, the Bahamas government last night approved a resolution to allow 200 Chinese labourers to build roads in Nassau, ahead of the massive influx of Chinese workers for Baha Mar.
Public Works and Transport officials inspected the progress of the construction of the new Bay Street Straw Market, which is expected to be completed by August 2011.
PUNCH columnist Nicki Kelly says the real facts as they relate to the Baha Mar proposal have been purposely obscured in what appears to be a calculated attempt to disguise the true nature of this deal.
The billionaire who gave free helicopter rides to Environment Minister Earl Deveaux is expected to receive approval to dredge and excavate property in the protected Exuma Cays Land and Sea Park.
It is quite possible that the bulk of the Chinese workers that will be coming to the Bahamas to work on the Baha Mar project will be convicts from China.
Renovations are expected to be completed by the end of the year on the five-storey building on East Street which will be become the new home of the Treasury Department.
The Nassau Street Court Complex is about 75 per cent complete and expected to be occupied within six months.
Former Freeport Concrete chief executive Raymond Simpson has teemed up with his son and plans to go back into business, selling building and home supplies from the Home Centre building.