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Mayaguan 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.
 
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.
 
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.
 
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.
 
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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