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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 […]

Mortimer Troubled Over Govt’s Response to Wynn

28 August 2017

Democratic National Alliance (DNA) Deputy Leader Chris Mortimer came to the defense of Grand Bahama, stating that the government’s response to the withdrawal of the Wynn Group’s bid to purchase the Grand Lucayan Resort is forcing history to repeat itself with Grand Bahamians. In a press release yesterday, the deputy leader referenced ‘unfortunate events’ the […]

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Bahamians in Texas Safe after Harvey

28 August 2017

Following the devastation of Hurricane Harvey in Texas, Honorary Consul to Houston Lynden Rose reported that all Bahamians he contacted are safe and secure. Mr. Rose held a briefing with Minister of Foreign Affairs Darren Henfield on Saturday where he provided an update on the storm and the security of Bahamains. Mr. Rose said he […]

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A Note To The Registrar General’s Department

25 August 2017

The Clifton Review The Clifton Review is a bi-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires, the links to unsavory characters, the use of the courts for personal agendas, the involvement of a political party, and the attacks on the Government of The […]

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Dr. Sands Provides Update on Stem Cell Research

23 August 2017

A subject that caused quite the controversy, yet Minister of Health Dr. Duane Sands said when it comes to stem cell research here in the country nothing much has changed, but if need be, the right avenues will have to be followed. In an interview with The Bahama Journal yesterday, Dr. Sands said things are […]

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Many Schools to be Demolished

23 August 2017

Minister of Education Jeffrey Lloyd suggested that of the 180 school buildings throughout The Bahamas, half of them need to be demolished. Mr. Lloyd’s suggestion came on Monday as he addressed administrators at the National Public School’s Administrators’ Conclave and estimated that some $500 to $700 million is needed to complete renewal and improvement of […]

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Cabinet Committees Appointed

23 August 2017

The Cabinet of The Bahamas is appointing a number of committees to foster inter-ministerial collaboration and cooperation. Cabinet Office announced yesterday that Cabinet committees were formed to facilitate the government in addressing issues such as public sector reform and crime. A statement from Cabinet Office said with regard to the issue of crime, the Cabinet […]

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BPL Remains ‘Tight Lipped’ On MSA

23 August 2017

Following the fallout over the firing of Bahamas Power and Light CEO Pamela Hill yesterday, BPL board executives continue to remain mum on when the Managerial Service Agreement (MSA) signed with PowerSecure will be released to the public. Powersecure’s five-year management services agreement, reportedly worth as much as $25 million, was promoted by the former […]

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Three Bahamians Selected for YLAI Fellowship

23 August 2017

Three young Bahamians have been selected to participate in a five-week entrepreneurial program to take place in the United States of America. Constentina Hamilton, Kerel Pinder and Xavier Knowles were selected from among 3,000 applicants to attend this year’s Young Leaders of the Americas Initiative (YLAI) Professional Fellows Program. Hamilton is the founder and president […]

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Mitchells Calls for Higher Permanent Residency Fees

23 August 2017

Opposition Senator Fred Mitchell has suggested that raising the cost of permanent residency in the country could be a possible economic stimulus. His comments came while addressing supporters in Exuma after constituency elections were held there. “What is the cost of permanent residency if you’re the managing director of a hotel down here? The cost […]

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Bahamasair Launches Direct Flights to Texas

23 August 2017

Bahamasair announced on Tuesday the commencement of direct flights from Nassau to George Bush International Airport (IAH) in Houston, Texas. The service will commence in November of this year and customers can expect to pay an introductory rate of $575 per person round trip. The flights from Houston to Nassau will be every Sunday and […]

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