PM: BAHA MAR 400M IS LARGEST EVER SUM FOR BAHAMIANS

Thu, Nov 18th 2010, 10:00 PM

PRIME Minister Hubert Ingraham said last night that $400 million in construction work on the Baha Mar project will go to Bahamian contractors, marking what he called the largest sum ever awarded to Bahamians on a project in the Bahamas.

Mr Ingraham spoke before the House of Assembly unanimously (36 with four absent) passed the Baha Mar labour resolution that allows for 8,150 workers, but no more than 5,000 at one time to be employed on the Baha Mar Cable Beach project.

The Prime Minister also noted the concerns expressed by Kerzner International's CEO Sol Kerzner over a breach of the investment agreement signed with Atlantis. "I do not concede that we would be in breach of the deal with K ...

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