Chinese Investments Under the Free National Movement
Diplomatic Relations Started By the Free National Movement
2010 2.5 Billion Dollars Baha Mar with China Export-Import Bank.
– 8.500 foreign labor work permits
– 79% Chinese workers and 21% Bahamian workers
China Construction America
2009 58.6 Million increased Loan with China Export-Import Bank Airport Gateway Project to LPIA.
– 200 Chinese workers China Construction America Company Building Baha Mar.
– Increase to 72 Million because of unforeseen construction challenges.
January 2012 41 Million Dollar Loan to Construct North Abaco Container and Bridge. Signed with China Export-Import Bank
– China Habour Engineering Company
– 30 Chinese
The Memorandum of Understanding (MOU) on Agricultural Cooperation was recently signed between the Chinese Ministry of the Agriculture and the Bahamas’ Ministry of Agriculture and Marine Resources.
The MOU aims at, among other things, boosting the development of crop farming, animal husbandry, and fish farming
2009 Signing a letter of intent to do large scale farming in Abaco.
Shandong Hi-Speed Qila Build Group.
Perry Christie Didn’t bring the Chinese. The Free National Movement lost the election and Perry Christie inherited all the deals signed under the FNM between China and The Bahamas. Whether a political party loses or wins the deals they sign with businesses and government don’t end because it is a legal binding agreement. Now The FNM is playing on the fears of the Bahamians with China because elections are six months away , but don’t forget who brought the Chinese. Perry Christie Didn’t give away land to the Chinese that was done by the FNM with Baha Mar from 2009 .