AFTER a two-decade long courtship the proposed Cotton Bay Development is now set to "revitalise" the island and economy of Eleuthera following the finalisation of an agreement between Four Seasons Resorts and Cotton Bay and Mine Holdings Ltd.

At a ceremony at the home of the principal owner of Cotton Bay and Mine Holdings, Dr Luis Carlos Sarmiento Angulo, on Friday, Prime Minister Perry Christie stated that the 1,500-acre, phased development would act as a "catalyst" for the island's economy.

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