|Bimini Set for Major Investment|
|Friday, 29 June 2012 15:39|
NASSAU, Bahamas -- The island of Bimini is set out to receive a major boost to its economy. Genting Malaysia will partner with RAV Bahamas to launch Resorts World Bimini Bay, a luxury boutique casino facility at Bimini Bay Resort & Marina in North Bimini Island. The project, once completed is expected to employ some 300 persons directly and up to 1000 persons indirectly. In addition, the government is currently holding ‘talks’ with three major airlines, including Bahamasair and several charter services to increase airlift to the island.
The announcement was made during a press conference held at the Office of the Prime Minister on Friday, June 29. Minister of Tourism, Hon. Obediah Wilchcombe said that he is “very happy indeed for Bimini.”
“When you consider the fact that Bimini has a visitor rate of 79 percent; when you consider the fact that it’s right next door to the United States – just 55 nautical miles and when you consider the fact that it’s a gateway to The Bahamas, then we’re going to make sure that the name has meaning and that’s going to come with all the work that we’re going to do,” said Mr. Wilchcombe.
CEO of RAV Bahamas, Mr. Gerardo Capo said that he is very excited to have this opportunity to expand his company’s investments in The Bahamas. “We are thrilled to align with Genting Malaysia and the Resorts World Brand,” said Mr. Capo. “In addition to offering our residents and hotel guests world class service, the project’s success is also contingent on providing a superior quality produce.”Genting is a member of The Genting Group, the world’s largest destination resort operator with Resorts World-branded properties in Malaysia, Singapore, Manila and New York City. In addition, the Genting Group has global investments in plantations, power generation, oil and gas, real estate, cruise, leisure and other industries. RAV Bahamas is a real estate development and construction company in The Bahamas, which specialises in hotel, residential, retail, commercial, marine and infrastructure projects throughout the Caribbean.
Bimini Bay Resort & Marina is a master-planned oceanfront community featuring over 480 luxury homes and villas suites, the largest yacht marina complex in The Bahamas, four restaurants, two pools, an open-air shopping village, tennis, children’s play centre and newly opened beach club.
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