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Cabinet go-ahead for $1.5bn heritage plan


Principals were optimistic after doing all we should
Original proposal called for up to 1,200 full-time jobs
By NEIL HARTNELL
[email protected]
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. ....

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