Wednesday, March 31, 2010

Chinese investors eye mega Freeport project

With the conclusion of a $2.5 billion loan agreement for the Baha Mar project said to be imminent last night, Tribune Business can reveal that another Chinese-led investor group is eyeing a multi-million dollar resort project for Grand Bahama, complete with potential cruise port.


Informed sources with knowledge of developments said the Cylin Group, whose principals include the daughter of the People's Republic of China's defence minister, was looking at a major tourism development on 2,000 acres of land in the Sharp Rock area.

Read more:

0 comments:

Post a Comment