EDITOR, The Tribune.
Baha Mar...the cost, are we stupid?
Cost = $2,650,000,000.
Labour cost? $795,000,000 ($795 million).
Chinese workers pay cheques sent back to China "immediately" 80 per cent = $636,000,000 ($636 million).
Building materials balance 70 per cent = $1.85 billion majority bought from China.
Cable Beach land transfer - no value probably $1.00 for 264 acres of beach front.
See the difference between Import-Export bank loan and cost of project?
Project = $2.65 billion...loan $2.45 billion difference of $200 million which Izmerilian has to find plus the $200 million for Scotia.
Chinese Construction Company, is a Bahamas -Registered Company, CCW (Bahamas) ther ...
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