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IDB Water and Sewerage Corp loan contracts

The Bahamas government recently signed a guarantee contract with the Inter-American Development Bank (IDB) for a loan totalling $81 million for an entire upgrade of the water and sewerage facilities on New Providence. The objective of the programme is to improve efficiency and quality of service provision of potable water and address immediate problems of sanitation. For a closer look at the terms of the agreement view PDFs of the contract here. 

Source:
Date:
Updated:
TheBahamasInvestor.com
Tuesday, December 27, 2011
Tuesday, December 27, 2011

Download/view the WSC support program here.

Download/view the loan contract here.

Minister of Tourism and Aviation Vincent Vanderpool-Wallace has posted a Christmas message on the Tourism Today YouTube channel. In it the Minister says that The Bahamas welcomed five million visitors in 2011 and is expecting the upward trend to continue into next year. Watch the full video here.

International newswire service profiles the richest man in Brazil, Eike Batista. The ambitious industrialist is looking to build on a base of wide ranging conglomerates ranging from oil and mining to recreation and beauty care.

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