Live Breaking News & Updates on West End Development Corporations

The financial report highlights for 2019 show WEDCO assets of $141,118,706 and liabilities of $72,425,925.00, total revenues of $20,609,240 and expenses at $19,127,731 and the result was an annual surplus of $1,481,509, Minister of Public Works Lt/Col David Burch said in the House of Assembly today [Feb 19].
The Minister’s full statement follows below:
Mr. Speaker, I lay before this Honourable House the West End Development Corporations annual report for year 2019.
Mr. Speaker, the year 2019 was another extremely busy and exciting year for the Corporation with the completing of major investment and restoration projects critical to supporting one of the core functions which is to be Bermuda’s premier port destination. These consistent efforts were recognized again when the Corporation, for the fourth year in a row, won the Cruise Critics’ Choice destination award. This award is awarded by consumer voting throughout the region highlighting the best Cruise port dest ....

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