"I am especially pleased to anonunce, therefore, that the thousands of former Bahamian employees of Baha Mar will receive the following outstanding amounts due to them: unpaid salaries, severance pay, accrued vacation pay, and notice payments due to termination. Additionally, sums deducted from employees and former employees' salaries and pension contributions will be repaid"

-Press statement by the Prime Minister on negotiated arrangements for remobilization, completion and opening of the Baha Mar - August 22nd, 2016

1. Construction resumes month of September

2. Casino, casino hotel, convention centre and golf course open before the end of 2016-2017 winter season

3. Payments of claims of Bahamian creditors and contractors

4. Export-Import Bank of Chinato fund all remaining construction costs to complete the project

5. Majority of people and companies who were previously contracted will be re-engaged to complete the project

6. The Government of The Bahamas and the Bahamian utility companies will reveice payment for some of their outstanding claims

7. Bahamians holding commercial leases and concessions will be permitted to continue to hold them.

8. Former Bahamian employees of Baha Mar will receive outstanding payments due to them.

-Office of the Prime Minister

The Commonwealth of The Bahamas

Source: OnBahamas