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TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM) GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT
 
BAHAMAS INVESTMENT FORUM IN WASHINGTON, DC --  Photographed above are some the participants of the first Bahamas Business and Investment Forum in Washington, DC organized by The Embassy of The Bahamas. From left to right are Senator Barry Griffin; Central Bank Governor John Rolle; Senator Quinton Lightbourn; Senator Michael Halkitis, Minister of Economic Affairs; Barbara Feinstein, U.S. Deputy Assistant Secretary of State; The  Bahamas Ambassador to the United States His Excellency Wendall Jones; The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism and Investments; Ambassador Chet Neymour; Consul General Washington Patrick Adderley; Consul General New York Leroy Major; and Michael Fountain, Honorary Consul Chicago.

TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM)

The Deputy Minister and Minister of Tourism, Investments and Aviation, I. Chester Cooper has announced that the government will execute heads of agreements this month for more than $1billion of new investments in major touristic developments. It is understood that these projects are slated for Paradise Island and Cable Beach. Mr. Cooper made the announcement […]

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GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT

Shenia RobertsJournal Staff Writer Prime Minister Philip Davis and Deputy Prime Minister and Minister of Tourism and AviationChester Cooper visited the island of Eleuthera on Monday to sign a $55 million dollar loanagreement with the Saudi Fund for Development to facilitate updates to North Eleuthera’s airportterminal.The updates to North Eleuthera International Airport have been long […]

A Missing Piece to Success

21 February 2018

The Clifton Review The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless […]

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OFFICIALS EXPLORE PLANE CRASH VIDEO

21 February 2018

Minister of Tourism and Aviation Dionsio D’Aguilar said he’s just as eager as family members to find out if a video posted on social media that claims fishermen found the remains of the Aztec plane that went down last month in Andros, is true. At the moment, officials are trying to confirm that the plane […]

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No Timeline On Chief Justice Appointment

21 February 2018

There is no time line on the appointment of a substantive  Chief Justice for the Supreme Court. Two months after Sir Hartman Longley has vacated the position of Chief Justice of the Supreme Court, Press Secretary in the Office of the Prime Minister Anthony   Newbold told the media at the weekly press briefing that […]

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NIA Bill To Be Debated Soon

21 February 2018

Despite being tabled last year,  the National Intelligence Agency bill has still not been debated in parliament. However National Security Minister Marvin Dames revealed that the legislation will be debated soon. Speaking to reporters  Monday,  Mr. Dames said debate on the NIA Bill is imminent. “I meet with our  Prime Minister every week and during […]

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GB POISED TO BOUNCE BACK, SAYS MINISTER

21 February 2018

On the heels of that $4-billion-dollar Head of Agreement for a new Oil Refinery and  coupled with a job fair over the weekend in Grand Bahama this past weekend,  a Cabinet Minister says there seems to be glimmer of hope that the nation’s second city is poised for a bounce back. In an interview with […]

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FEARS OVER REFINERY DEAL

21 February 2018

Although  it is being called  a $4 billion dollar deal  to boost the economy of east Grand Bahama, there are still many fears  concerning  the recent Heads of Agreement that the government signed with Oban Energies on Monday. These  concerns are specifically  about funding. Press Secretary Anthony Newbold, quelled the fears that some may have […]

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The Opportunity That Led To A Fortune

21 February 2018

The Clifton Review The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless […]

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End In Sight for Bozine Land Dispute

20 February 2018

If all goes as planned, a nearly 15-year-old property dispute could soon be over for weary Bozine Town residents. Area representative Brensil Rolle recently told the Bahama Journal that barring legal impediments, there’s already an agreement on the land issue. “We sent in surveyors to survey and look at the property and make all the […]

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Report: Bahamas Marine Protected Areas Valued in Billions – Builds Case For Network Expansion

20 February 2018

An evaluation of the marine protected areas in The Bahamas puts the economic value of ecosystem services in the billions of dollars and helps to build the case for expanding the network of these spaces in our country. The report “Economic Valuation of Ecosystem Services in Bahamian Marine Protected Areas” was commissioned by Bahamas Protected, […]

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New System Set to Modernise Customs Department and Increase Bahamas Rank for Ease of Doing Business

20 February 2018

Come this April, the Customs Department’s import and export system will be completely revamped into a paperless, a speedier, more efficient process with the introduction of the Bahamian Electronic Single Window (BESW), one of the outcomes of a public/private a cooperative initiative involving Bahamas Customs, The Bahamas Chamber of Commerce & Employers Confederation and Arawak […]

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