In this space yesterday, we lamented the foot-dragging in revitalizing downtown Nassau something that tourism industry stakeholders and many others have long urged and successive administrations have promised to drive. We noted that it has been over a year since Deputy Prime Minister Chester Cooper warned downtown property owners and landlords that the government
Principals were optimistic after doing all we should Original proposal called for up to 1,200 full-time jobs
By NEIL HARTNELL
nhartnell@tribunemedia.net
The Government has given the go-ahead to a Bahamian investor group aiming to generate $1.5bn in revenues by transforming Nassau s key heritage sites, a top official revealed yesterday.
Joshua Sears, the Prime Minister s senior policy advisor, told Tribune Business that the Cabinet s National Economic Council (NEC) had earlier this month given its blessing to the Public-Private Investments (PPIL) group s multi-million dollar proposal to restore and revive sites that include Nassau’s three forts, the Queen’s Staircase (66 Steps) and Water Tower, and the Pompey Museum.