By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

A group of eight Bahamians in San Salvador are in talks with a Bahamas-based development company to become the general contractor on a $25 million, 60-condominium project on the island, which could employ up to 200 construction workers.

Sand and Ocean Investments Ltd, owned by Montreal real estate developer, Jean-Marc Daigle, is partnering with Club Med in the development, which will see one, two and three-bedroom condominiums built adjacent to Club Med's Columbus Isle Village resort on San Salvador.

Simultaneously, Club Med intends to undertake $4 million worth of renovations to the resort itself, which will include work on t ...

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