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, the Mayaguana Development Company’s executive vice-president told The Tribune yesterday.

Company

Junaid Yasin said the company was focusing on the initial infrastructure projects, which include the repaving of the airport runway, construction of the airport terminal, area roads and utilities. All are both expected to be completed by the end of 2007.

Mr Yasin said work crews will also be working on construction of the initial development phase, including the boutique resort and marina, which is also expected to be completed at the end of 2007.

He added that the company has hired between 30-35 Bahamians for the project.

“We have hired everyone in Mayaguana who wants to be hired, and have exhausted the labour supply,” he said.

Mr Yasin explained that in many cases, the Mayaguana Development Company has hired and trained persons directly out of high school.

In other cases, persons were hired with very little experience and trained to operate some of the building machinery.

Mr Yasin said developers were pleased with the progress of the development, and with the assistance given by the Government.

“Before now, a lot of our work was laying foundations and below the ground, and no one could really see what was being done. Now, the results are more visible and everyone is excited,” said Mr Yasin.

Source: The Tribune