Quick Links
Non Profit Org.
Sections
Newsletter
Email:
Home | Eleuthera News | Chinese Govt Approves Baha Mar Project

Chinese Govt Approves Baha Mar Project

27 July, 2010
Font size: Decrease font Enlarge font
image Baha Mar Resort, Cable Beach Bahamas - artistic representation

(Nassau, Bahamas ) It was announced by the Cabinet Office today that formal approval has been given by the Government of the People’s Republic of China, for various agencies of the Chinese Government to enter into a joint venture with Baha Mar Ltd. for the redevelopment of Cable Beach.

Following an extended hiatus, Baha Mar Ld. officials had announced in March that it had penned a multl-billion dollar deal with the Export-Import Bank of China to help move the project ahead.

The release from the Cabinet Office today said that the news of the Chinese Government's approval was relayed by His Excellency Dingxian Hu, the Ambassador of the PRC.

Prime Minister Hubert Ingraham is slated to meet with the Ambassador after his return to the country on August 18th, to formally receive the approval.

Copyright, The Eleutheran News Agency 2008-2010.
All rights reserved. Contact editor@theeleutheran.com

Subscribe to comments feed Comments (1 posted):

Bill Louda on 04 August, 2010
avatar
Nassau yes---but -- keep the blinkedy blink developers the h#@! away from the Lighthouse down Island Eleu !!
Thumbs Up Thumbs Down
0
total: 1 | displaying: 1 - 1

Post your comment comment

Please enter the code you see in the image:

  • email Email to a friend
  • print Print version
  • Plain text Plain text





What's new
image

Glass Window Bridge Damage

As we reported September 01, 2010, residents were warned to avoid the Glass Window Bridge because of sea swells from Hurricane Earl. While passing the
image

Gaston and Yet Another Tropical Wave, Join the Fray

It could be described as a sport, with islands as pins and storms being bowled off Africa with precision this late August/early September
image

The South Eleuthera Mission Holds Successful 2nd Annual Summer Youth Program

(SEM, Rock Sound, Eleuthera) - On July 5, 2010, The South Eleuthera Mission initiated its 2nd Annual Summer Youth Program with approximately 60 students in
image

A New Beginning With A New Attitude - North Eleuthera High School First Day of Year 2010/11

(Lower Bogue, Eleuthera) - North Eleuthera High School (NEHS) like many throughout the country welcomed back its students on Monday morning August 30, 2010. For
image

New Additions, Healthy Tips and More At The Market This Week

Chandra Sands, Purchasing Manager at The Market Place's Market in Rock Sound, wishes to advise that they anticipate receiving a fresh supply of produce from
image

Hatchet Bay's Oldest Resident Passes - Mrs. Clara Ellen Dames

Mrs Clara Ellen Dames, a widow and the oldest resident of Hatchet Bay, Eleuthera, quietly celebrated her 96th birthday on February 3rd, 2010 at home
image

Another Cuban Battle Could Be Brewing In Spanish Wells.

Objection raised to experienced local teacher not being hired while a Cuban teacher is brought in to teach math.
image

More Details and Photos on Avila and The Barge Fire in Spanish Wells

(Spanish Wells, Eleuthera, The Bahamas) - The search continues for Avelino Avila Tomas, a Cuban man with a long history in Spanish Wells, who escaped
image

Island Wide Search Ongoing For Avelino Avila (Tomas)

(Governor's Harbour, Eleuthera)  - Police on Tuesday afternoon confirmed that an Eleuthera wide search is still ongoing for the Spanish Wells man of Cuban origin
image

Over One Hundred New Teachers Enter Public School System By Betty Vedrine Bahamas Information Services

During an orientation exercise on August 19 at Uriah McPhee auditorium, the Ministry of Education welcomed 102 new teachers to the public school system. The
Image Gallery
Conditions for Governor's Harbour, BF at 7:00 am EDT

Current Conditions:
Mostly Cloudy, 82 F

Forecast:
Fri - Isolated Thunderstorms. High: 91 Low: 80
Sat - Scattered Thunderstorms. High: 91 Low: 79

Full Forecast at Yahoo! Weather

(provided by The Weather Channel)