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What's so special about the Bahamas project
The Grand Island Resort in the Bahamas, the largest resort development project in the Western Hemisphere undertaken by China Architecture, held a groundbreaking ceremony in cable beach, the capital of the Bahamas.
The Bahamas project is located in the beautiful cable beach of New Providence Island, Bahamas, covering an area of 264 acres. Upon completion, it will have seven international brand hotels, 1 world-class golf course, 1 casino, 1 shopping center and other leisure and entertainment facilities. The Export-Import Bank of China provided a commercial loan of US$ 2.45 billion, with China State Construction Engineering Corporation as the general contractor holding US$ 654.38+0.5 billion, and Barja Mar Company of Party A holding US$ 800 million in land, buildings and cash.
Development of resorts
On March 9, 2009, through the efforts of China Construction USA, China Construction Corporation and Bahamas Marr Company formally signed the general contracting agreement for the Bahamas Grand Island Resort project in Beijing, with a contract amount of 65,438+0,965,438+0.9 billion US dollars.
On September 4th, 2009, witnessed by Chairman Wu Bangguo and the Prime Minister of the Bahamas, china state construction engineering corporation signed a project investment framework agreement with Bahamas Mar Company, and both parties signed a project loan framework agreement with The Export-Import Bank of China.
2011131,the project financing is closed. According to the plan, the project will be completed and put into operation by the end of 20 14.
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