Recent Announcement of Chinese Investment To Boost New Providence in the Bahamas

Posted: 13 October 2009

Following the recent signing of a number of agreements between China and the Bahamas, the Bahamian Government have announced a multi million dollar investment in the island of New Providence in the Bahamas.


This includes the Airport Highway Project which will see the construction of a highway from the Sir Lynden Pindling Airport to the city centre.

Substantial investment is also being made to the development of the Cable Beach. This will focus on a superb resort property, which will see a transformation of the Cable Beach area.

"Tourism matters in The Bahamas. It is an essential part of our economy and the extent to which the Cable Beach strip can be developed will be of immense benefit to the people of The Bahamas. We place a very high priority on the development of that facility", Prime Minister Ingraham said.

Principal International are pleased to market three projects within this are being the Allure Luxury Residences set on Cable Beach, and Columbus Cove and Sole West on the nearby love Beach just a short distance along the coast.

These projects will offer purchasers the opportunity to invest in this area that will offer excellent potential.

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