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Receives Weekly Updates on every new home and condo listing in Thew Bahamas. All New Listings every week. |
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MAYAGUANA |
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| Island Facts & General Information |
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Located between the Bahamian islands and the Caicos, Mayaguana has 110 square miles of land. Today little more than 600 people live in the "capital" of Abraham's Bay located on the south coast, and the two smaller settlements of Betsy Bay and Pirate's Well. This combination guarantees long panoramas of scrubland with hardy, salt-resistant plants that thrive despite high temperatures in the spring, summer, and early autumn. Fishing, farming, and the few government positions are the only jobs on the island. Such being the case, many ofthe younger residents have left
for Nassau to seek |
alternative careers. Though all the Out Island settlements seem to suffer, somewhat from their distances from Nassau, surely little Mayaguana suffers most by being so far removed physically, as the most southeasterly Bahamian isle. However, plans are afoot to increase the numbers of tourists visiting Mayaguana.
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| Mayaguana Real Estate News: |
| October 9 2007 |
Mayaguana deal may breach Hawksbill Act
The former Christie administration's decision to replicate Freeport and the Grand Bahama Port Authority (GBPA) through the $1.7 billion Mayaguana development was yesterday branded "foolhardy", with the project's investment incentives potentially breaching the Hawksbill Creek Agreement. |
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| October 05, 2007 |
Mayaguana developer's Port Authority powers
The joint venture company behind the $1.7 billion project to develop Mayaguana into a free-trade zone has been given powers that rival the Grand Bahama Port Authority's (GBPA), including the ability to licence businesses on the island, and a host of 20-year investment incentives for itself and its licensees. |
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| July 19, 2007 |
Ministers visit Mayaguana development
A group of FNM ministers have "some reservations" about the environmental impact of the proposed billion dollar resort on Mayaguana, it was announced yesterday.
The development is still slated to go ahead, according to a statement issued yesterday by Bahamas Information Services, the government's communication agency. |
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| July 9 2007 |
I-Group marketing Mayaguana project to hotel operators
The developer behind the $1.8 billion Mayaguana, investment project, have started marketing the development to a brand-name hotel operators and others, and said they were confident of the new administration's support and the, progress made to date. |
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| February 15, 2007 |
Mayaguana development ‘exhausts labour supply’
The multi-billion dollar Mayaguana investment project, a 50/50 joint venture between the Boston-based I-Group and the Government through the Hotel Corporation of the Bahamas, has exhausted the available labour pool on that island. However, the project is progressing well and is on schedule, according to the Mayaguana Development Company’s executive vice-president. |
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