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While Cabinet is about to review a study on Aragonite in The Bahamas, Opposition Leader Philip Davis told Eyewitness News that studies have already been conducted by the former administration on aragonite and its potential financial benefits for Bahamians.
Deputy Prime Minister Peter Turnquest recently signed an agreement with the Inter-American Development Bank (IDB) for a $500,000 grant to study the country’s natural resources, among other things.
According to Davis, however, consideration was also being given on how local industries could be established under arragoniteunder the former administration.
