| Source: Date: Updated: |
Caribbean Journal
Monday, February 8, 2016 Monday, February 8, 2016 |
Another big project is coming to The Bahamas.
The Deep Water Cay resort community in The Bahamas is planning a major expansion, the country’s government announced this week. The Bahamian government has approved a $168 million expansion of the island’s resort, with Six Senses as operator of a five-star, mixed-use project.
This is an excerpt from Caribbean Journal as it appeared on February 8, 2016. For updates or to read the current version of this post in its entirety, please click here.
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On July 22, 2015 I made a communication to Parliament concerning the Review of certain concessions contained in the Hawksbill Creek Grand Bahama (Deep Water Harbour and Industrial Area) (Extension of Tax Exemption period) Act 1993, which had been extended for a period of 22 years and were set to expire on August 4, 2015. In order to provide further time for the review and negotiation process, the concessions were extended for a period of 6 months which expires on February 4, 2016, with the enactment of the Hawksbill Creek Grand Bahama (Deep Water Harbour and Industrial Area) (Extension of Tax Exemption Period) Amendment Act 2015.


