Government yesterday announced the signing of a historic heads of agreement for a $300 million resort in Eleuthera.
Government entered into a heads of agreement with Eleuthera Properties for the development of a five-star resort community with facilities and amenities, including a marina at Jack’s Bay and the marina at Davis Harbour.
The signing of the heads of agreement marks the first significant tourist investment of a Bahamian group in the Bahamas.
The undertaking is led by Franklin Wilson and Eleuthera business man Albert Sands.
Source: Rupert Missick, The Tribune
