#Nassau, October 17, 2019 – Bahamas – The Government of The Bahamas today
signed an agreement for the second phase of development of the Baha Mar Resort.
The approximately $300 million
investment is expected to draw even more visitors to the country and will
immediately provide 500 jobs during its construction phase. Job opportunities
are expected to total approximately 1,000 in the long-term.
“Today’s signing for Baha Mar Phase Two
is a wonderful expression of confidence in the dynamism, renewal and revival of
tourism in The Bahamas,” said Prime Minister the Most Hon. Dr. Hubert Minnis at
the signing ceremony held at the Cabinet Office.
The Prime Minister urged Bahamians to
take advantage of this new opportunity and to do their part in ensuring that
the economy rebounds from the impact of Hurricane Dorian.
The revenue from tourists visiting The Bahamas
will play a vital role in reconstructing and rebuilding Abaco and Grand Bahama,
said Prime Minister Minnis.
“Today’s signing is also an expression
of confidence in the vitality of our country in the aftermath of Hurricane
Dorian,” said the Prime Minister.
While Abaco and Grand Bahama were
affected by Hurricane Dorian, the Prime Minister expressed confidence in the
strength and diversity of the Bahamian tourism product.
“The world is coming to The Bahamas for
our spectacular natural beauty. But the world is also coming to experience our
culture and heritage, including the visual arts, which are prominently featured
throughout Baha Mar,” said Prime Minister Minnis.
Baha Mar Phase II will include a major
waterpark and entertainment amenity known as Baha Bay. The family friendly recreational
area is geared toward all ages and will be heavily influenced by the natural
environment.
There will be a public entry area where
the general public can enter Baha Bay to enjoy the attractions and activities,
according to the agreement.
The existing pier will be expanded to
better allow for boats to more safely dock at the resort.
Upgrades will also take place to the
Melia hotel including mechanical, electrical and plumbing as well as to the
kitchen, convention and meeting spaces.
Long Cay, a private island owned by
Baha Mar will see beach enhancements and the construction of new food and
beverage facilities.
Prime Minister Minnis noted that this major
project complements other tourism developments taking place throughout the
country, including the revitalization and redevelopment of downtown Nassau and
its environs, and the restoration of heritage and historical sites throughout
New Providence.
“We look forward to the many economic
and other opportunities this new phase will offer to Bahamians,” said the Prime
Minister.
Release: Office of the Prime Minister
Commonwealth of The Bahamas
BIS Photos/Yontalay Bowe