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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 […]

$150 Million Project For Coco Cay

08 March 2017

The world’s second largest cruise line operator Royal Caribbean Cruises is expected to undertake a $150 million, three-phase port expansion project on Coco Cay (Little Stirrup Cay) scheduled for completion by the end of winter 2017. The announcement was made yesterday during a Heads of Agreement Signing between the government and officials from Royal Caribbean […]

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Gibson Says Hurricane Efforts Picking Up

08 March 2017

After a lag in the progress of hurricane restoration efforts over the past few months, Minister Responsible for Restoration Shane Gibson said he is pleased to report that the process has “picked up.”  Last October, hundreds particularly in the northwestern Bahamas were devastated by the monster storm’s impact; leaving families displaced.  “I’ve seen where the […]

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Jubilee Residents Could Wait Up To 7 Days

08 March 2017

Two days following a blaze at the New Providence Landfill and officials say it could take up to five to seven days before the Jubilee Gardens Community will see any drastic decreases of smoke in the area. The Bahama Journal visited the area yesterday and though smoke had slightly subsided, the area still reeked of […]

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Seven Haitians charged for Abaco drug bust

08 March 2017

Using an interpreter to translate the charges, seven Haitian Nationals were arraigned yesterday before Magistrate Andrew Forbes in the Supreme Court. Represented in Court #8 by Attorney Tai Pinder was 58-year-old Alteon Raymond, 42-year-old Wisler Labanche, 54 -year-old Bertrand Predestin, 44-year-old Richard Fortiulien, 28 -year-old, Jeanty Valerice, 43-year-old Romane Petit Frere and 43-year-old Jean Eliezaire […]

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Fire At School Grounds

08 March 2017

Charred remains of desks and parts of containers once used for classrooms is what firefighters extinguished yesterday on a condemned property to the rear of the A.F Adderley High School. The containers were at one point used as classrooms for students from the A.F Adderley High School. However, some two years ago the property was […]

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Foreign Affairs To Protest US Report

07 March 2017

The Ministry of Foreign Affairs says what the U.S State Department’s 2016 Human Rights Report has conveyed about The Bahamas as it relates to human’s rights is inaccurate. In its most recent statement condemning the report, the ministry says action will be taken. “Now that the US report has been publically released, the Ministry of […]

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Residents Want Dump Removed

07 March 2017

Thick gray clouds still consumed a street in a Jubilee Gardens community where one resident told The Journal she and several others have now decided to take matters into their own hands and that is to have the New Providence Landfill completely removed. Melissa Allen-Maynard says she made the decision after she, her husband and […]

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Evacuation Order Still In Effect

07 March 2017

Firefighters continued to fight a blaze at the New Providence Landfill that displaced hundreds of residents in the Jubilee Gardens community Sunday. Environment and Housing Minister Kenred Dorsett up to noon Monday said while he could not speak to the level of control established at the dumpsite, firefighters were tackling several hotspots there and in […]

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Bran Blames Both Parties For Dump Fire

07 March 2017

Democratic National Alliance (DNA) leader Branville McCartney, yesterday lashed out at the governing Progressive Liberal Party (PLP) and the official opposition Free National Movement (FNM) accusing both parties of being the blame to the fire disaster that occurred over the weekend. “The PLP has been a complete failure and I point my finger at them, […]

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Gov’t Bashes BMD Holdings

07 March 2017

The government yesterday slammed original Baha Mar Developer Sarkis Izmirlian and BMD Holdings after he suggested that the multi-billion dollar resort is not as promising as the government is making it seem. In a press release yesterday, the government called Mr. Izmirlian’s claims inaccurate and unsubstantiated; adding that it represents a persistent and unpatriotic attempt […]

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