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Government signs $250 Million HOA for South Long Island Development

NASSAU, The Bahamas — The Heads of Agreement signed between The Bahamas Government, and Azul Destinations Ltd. and Calypso Cove Destinations Ltd. for the development of a multi-million dollar project in South Long Island, was deemed “A Gold Letter Day” for investments in the country. The HOA was signed during a ceremony at the Office of the Prime Minister, Cecil Wallace Whitfield Centre, on Thursday, October 6, 2022. The Hon. Philip Davis, Prime Minister and Minister of Finance, welcomed the stakeholders to “this historic moment” for South Long Island, which would bring “much excitement and economic opportunity to the island.” Present were Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper; Secretary to the Cabinet Nicole Campbell; Directo...