Search results for : general contractor
Nassau Cruise Port Launches Bond Offering
Nassau Cruise Port Launches Bond Offering
FIRST PHASE OF DEMOLITION BEGINS ON TRANSFORMATIONAL DOWNTOWN PROJECT...Nassau Cruise Port Ltd. (NCP) today announced that it has commenced a bond issue as a private placement offering. The Bond Facility will have a 20-year final maturity (June 30, 2040)...
Baha Mar Resort undertakes voluntary Chapter 11 Process
Baha Mar Ltd. and entities associated with it, are voluntarily undertaking the process of Chapter 11 under the U.S. Bankruptcy Code.
'Baha Mar should rethink removing contractor'
'Baha Mar should rethink removing contractor'
BAHA Mar developer Sarkis Izmirlian should rethink his proposed plan to remove China Construction America (CCA) as the general contractor for the mega resort, a prominent analyst has suggested.
Prime Minister Christie on The Baha Mar Resort Hand Over
It gives me great pleasure to inform Parliament that yesterday, March 21st, 2017 an important milestone of progress was realized towards the successful completion and opening of the mega Baha Mar Resort...
Baha Mar to be sold twice as court process ends
Baha Mar to be sold twice as court process ends
BAHA Mar's secured creditor has acquired the project from its receivers for a sum "substantially higher" than that offered by the top bidder, with the property essentially being sold twice as part of the process.
AML breaks ground on new store at Solomon's Yamacraw - Store to open in Q4 2017
Today, AML Foods Limited officials broke ground on Solomon?s Yamacraw, a new 38,000 square-foot retail outlet in Eastern New Providence.
Baha Mar construction 'to start in two weeks'
Baha Mar construction 'to start in two weeks'
DEPUTY Prime Minister Philip Davis said yesterday that construction at the shuttered Baha Mar resort is expected to start in the next two weeks.
Fitzgerald says all Bahamian Baha Mar creditors 'will be taken care of'
EDUCATION Minister Jerome Fitzgerald, one of the government's lead negotiators in the effort to remobilise construction at Baha Mar and pay creditors, objected to criticism yesterday that there are discrepancies between Prime Minister Perry Christie's confident pronouncements that all Bahamian creditors will receive money owed to them and the Claims Committee's assertion that payment is not guaran...
No guarantee Baha Mar claims to be paid
No guarantee Baha Mar claims to be paid
Baha Mar creditors are not guaranteed to receive any payment at all from the new claims payment process.
D'Aguilar: 'bamboozled' contractors should sue
D'Aguilar: 'bamboozled' contractors should sue
Former Baha Mar director Dionisio D'Aguilar said the government's claim that Bahamian contractors would be paid is "incorrect" to a certain extent and they "bamboozled" the Bahamian contractors into thinking they would get paid. In fact, he echoed a suggestion that the contractors should sue.