NASSAU, Bahamas, CMC—The Bahamas government says the multi-million dollar Cotton Bay Holdings project, when completed, will provide between 250 and 300 stable jobs for the people of South Eleuthera.
Prime Minister Phillip Davis said the US$200 million project reflects international investors’ confidence in the Bahamas, the local economy, and the people.
“It also reflects something more profound, the belief that growth should reach every corner of our nation and that no island should be left behind.”
Prime Minister Davis said the project’s first phase would develop 320 acres, including a 115-room luxury hotel, 40 private villas, a restored golf course, restaurants, a commercial center, and employee housing.
He said 200 jobs would be created during construction, and once the facility opened, 250 to 300 Bahamians would find stable employment.
“For many families, this will mean more security, more opportunities, and the ability to plan with confidence. And that is what good government is about. Creating the conditions for working people to build better lives, for themselves, their children, and their communities.”
Prime Minister Davis said it is also important to say that growth cannot come at any cost and must be responsible, fair, and inclusive of the people who call this island home.
“This government has made it a requirement, across every major investment, that Bahamians be involved from day one. Not only in labor but in management. Not only in service but in ownership. The days of being observers to our development are over,” Davis said, adding, “The developers behind this project have worked closely with the Bahamas Investment”.
He said that the government will hold every developer accountable to these commitments “because the future we are building demands more than ribbon cuttings. It demands results. It demands integrity”.
Prime Minister Davis said the project will be a turning point, “not just for this community, but for how we think about development in our islands.”
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