Search results for : general contractor
May 12, 2017
World is watching Baha Mar closely in wake of FNM win
The world continues to watch the ongoing saga that is the opening and continued build-out of Baha Mar, with the Global Construction Review (GCR) yesterday publishing an article suggesting that the $4.2 billion mega resort has entered into an "unpredictable new phase" after the Free National Movement's (FNM) unprecedented win over the Progressive Liberal Party (PLP) in last night's landslide genera...
What's next for the PLP
May 11, 2017
What's next for the PLP
The Progressive Liberal Party (PLP) will have to go into a "mode of rebuilding" the party's Chairman Bradley Roberts said in a public statement on national television, as he conceded the 2017 general election to the Free National Movement (FNM), even before Prime Minister Perry Christie did last night.
Christie, unlike former leader of the FNM Hubert Ingraham after he lost the 2012 election, did n...
A Bahamian hustle
April 26, 2017
A Bahamian hustle
The stench from the scandal involving Jerome Fitzgerald and his shameless abuse of power; conflict of interest; and greedy, self-serving, unscrupulous actions as a minister in the Christie administration is intensifying with each passing day as he refuses to acknowledge his breach of the codes governing the conduct of members of the Cabinet.
Meanwhile, Prime Minister Perry Christie remains disgrac...
PM 'confident' of pay soon for Baha Mar contractors
September 23, 2015
PM 'confident' of pay soon for Baha Mar contractors
PRIME Minister Perry Christie said he is confident that China Construction America will soon start paying Baha Mar's Bahamian subcontractors and restart its efforts to complete the mega resort in Cable Beach, so long as Supreme Court appointed provisional liquidators approve their plans...
September 24, 2015
Baha Mar breakthough as CCA returns to resort for 'analysis and assessment'
BAHA Mar's joint provisional liquidators (JPLs) have re-engaged China Construction America (CCA) as the general contractor at the stalled $3.5bn mega resort, according to a statement released on Thursday morning...
The grim the grave
April 12, 2017
The grim the grave
The stage has been set for what promises to be an interesting showdown between Perry Gladstone Christie, a weary political titan with an insatiable lust for power, and Dr. Hubert Alexander Minnis, a far from inspirational opponent, who managed to overcome a years-long threat to his feeble leadership to patch together the wounded elements of the troubled Free National Movement (FNM) and mount a cha...
April 06, 2017
Higher productivity levels means less FDI leakage, stresses Rolle
Minister of State for Investments Khaalis Rolle said in order for there to be a meaningful rise in national incomes, there must be an increased level of productivity in The Bahamas.
While speaking at a recent luncheon, Rolle pointed out that a substantial component of the country's National Development Plan (NDP) has been devoted to improving the level of productivity.
Rolle noted a wave of foreig...
Ingraham: Chinese acted in bad faith
March 25, 2017
Ingraham: Chinese acted in bad faith
Former Prime Minister Hubert Ingraham expressed disappointment that Baha Mar's lender and general contractor - Export-Import Bank of China (CEXIM) and China Construction America (CCA) - failed to deliver what they promised the government of The Bahamas and were not held accountable, and said it is understandable for there to be doubt surrounding CCA's ability to complete the project, given its rec...
March 22, 2017
PM informs House of Assembly of 'Important tone' for Baha Mar
Prime Minister and Minister of Finance the Rt. Hon. Perry Christie told House of Assembly members on Wednesday that it gave him great pleasure to inform them that on the day before, March 21, 2017...
March 22, 2017
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...
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