Gov’t signs $300 million Baha Mar expansion deal

Gov’t signs $300 million Baha Mar expansion deal

NASSAU, BAHAMAS – Prime Minister Dr Hubert Minnis urged Bahamians to take advantage of job opportunities as the government signed a Heads of Agreement with Baha Mar resort for a $300 million expansion.

Minnis vowed the government will work to fill the 20 percent gap in the country’s GDP due to Hurricane Dorian’s catastrophic impact in Grand Bahama and Abaco, adding the resort’s expansion will assist rebuild efforts on those islands.

The Cable Beach resort pushed forward with its second phase of development, featuring water park, Baha Mar Bay, and extensive renovations to the Melia Nassau Beach resort as the country grapples with hurricane recovery.

The project is expected to create 500 permanent jobs and 1,000 indirect jobs during construction.

The resort has already started hiring for several positions like life guards and food servers, according to Baha Mar President Graeme Davis.

The expansion also includes developments for the resort’s private island, Long Cay.

Prime Minister Dr Hubert Minnis said: “Many individuals both in Abaco and Grand Bahama would now be seeking jobs and what we are doing today represents direct jobs of about 500 individuals, and indirect 1000.

“So that’s 1,000 individuals who can be employed. And speaking with Graeme and the Baha Mar team, he has informed me that once it’s been signed the job opportunities will begin immediately.

“And therefore, I would ask Bahamians out there who can hear my voice to take advantage of this opportunity because this will help to rebuild both Grand Bahama and Abaco. So that 20 percent that we lost in our GDP will be replaced as quickly as possible so we can see our economy continue to grow.”

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