NASSAU, The Bahamas - With the recent proposals of the acquisition of Atlantis by one of its lenders, employment security in the tourism sector has Prime Minister Hubert Ingraham committed to leadership that protects Bahamian workers. "We continue to monitor events and assist where appropriate and helpful.
Our overriding responsibility is for the protection of Bahamian jobs and the long- term viability of Atlantis," Mr. Ingraham told an audience on January 19. "It is one of the leading resorts in the Caribbean, if not the leading one. It has been good for The Bahamas and it has a good future," said the prime minister.
The Prime Minister told the gathering at the political headquarters of Environment Minister Earl Deveaux that this is a time for caution and restraint, clear thinking and calm heads He said he believes it appropriate to recall that when Atlantis came, those opposed to it were so incensed, they threatened to change the agreement at the most convenient opportunity.
He said it would be inappropriate to comment on the matter day in and out and seek to conduct the public's business in public view. He reminded that the hotel industry failed prior to 1992, when the Bahamas Government was burdened by the rising debt of its investment in hotel ownership.
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