Albany donates 1 million to Urban Renewal

Wed, Mar 19th 2014, 08:38 AM

Urban Renewal received a 'major boost following a 'substantial ' donation by principals of The Albany Resort. The $1 million donation was made during an official ceremony held on the resort's compound on Monday, March 17.  Pictured L-R: Permanent Secretary to the Urban Renewal Commission, Mrs. Diana Lightbourne; Rt. Hon. Perry G. Christie and Co-chairs of the Urban Renewal Commission, Mrs. Cynthia 'Mother' Pratt and Mr. Algernon Allen. (BIS Photo/Peter Ramsay).NASSAU, The Bahamas -- Urban Renewal received a 'major boost following a 'substantial ' donation by principals of The Albany Resort. The $1 million donation was made during an official ceremony held on the resort's compound on Monday, March 17.
Prime Minister, the Rt. Hon. Perry G. Christie, along with Co-Chairs of The Urban Renewal Commission, Mrs. Cynthia 'Mother' Pratt and Mr. Algernon Allen, were in attendance and accepted the donation on behalf of the commission.
Mr. Christie expressed his gratitude for the donation and said that corporate citizens such as the principals of the Albany Resort assist in placing the country on the world stage.
"Resorts such as Albany define the Commonwealth of The Bahamas in the context of being able to have a multi-faceted offering to the people of the world," said Mr. Christie. "Investments such as these say to the world: Come to The Bahamas and you can have any type of experience that you can imagine."
Mr. Christie said this 'significant and sizeable' donation speaks to the commitment of Albany to The Bahamas and the Bahamian people. He also pointed that the continued expansion of the Albany Resort would mean an additional 1300 jobs for Bahamians. Additionally, Mr. Christie said that over $140 million would be spent on the continued development of Albany over the next few years.

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