Baha Mar's potential agreement with two Chinese state-owned entities for the financing and construction of its $2.6 billion Cable Beach project is "90 per cent likely to go" ahead, Tribune Business was told yesterday, with both sides trying to now tie down "a few commercial issues".
The resort developer and its potential partners, China State Construction and China Export-Import Bank, were said to be "close" to concluding an agreement, Baha Mar having been hopeful of closing the deal by year-end.
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