$25m boost from Baker's Bay

About 350 Bahamian firms and individuals have benefited economically since 2005 from the Baker's Bay Golf & Ocean Club development on Great Guana Cay, Abaco. Executives from this company said that they have paid $25 million worth of invoices to Bahamian companies and individuals.

Dr Livingstone Marshall, Baker's Bay senior vice president of environmental and community affairs, said he had received a seven page report listing the 350 Bahamian firms and individuals who had benefited from Baker's Bay paying out $25 million in invoices to the likes of attorneys, engineers, surveyors and independent businesses.

Steve Adelson, a partner in the Baker's Bay development said, "We're spending an average of $7 to $8 million a month on the project, and 90 percent of that has direct impact, not only on Guana Cay but the Abaco's and the Bahamas as a whole."

Dr. Marshall said that once the project is in full swing "significant monies will be paid into the Public Treasury" which an assessment showed it was likely to amount to $540 million over a ten year period.