By NATARIO McKENZIE
Tribune Business Reporter
RESORTS WORLD Genting is taking over the operations of the entire Bimini Bay Resort in addition to operating its $24 million luxury boutique casino, Prime Minister Perry Christie revealed yesterday.
During his wrap-up to the Government’s Mid-Year Budget, the Prime Minister said: “I am pleased to confirm that in addition to having the casino building completed and opened for business by the time I present the annual Budget to parliament in May of this year, Resort World is taking over the operations of the Bimini Bay Resort itself.
“They have plans for further development of the resort and the use and preservation of surrounding attractions, all to be integrated with the traditional appeal of the Bimini community.”
Mr Christie added: “The company is making an investment of $100 million in acquiring a high -peed luxury ship and a jet aircraft to provide daily sea and air transportation into Bimini. This will necessitate the earlier expansion and improvement of docking and airport facilities, as well as other infrastructure at Bimini.
“Resorts World has agreed to partner with the Government in these undertakings, in the beautification and in the retention of leading consultants working with local experts and the community in the preparation of the master plan to guide the only integrated development of the entire north and south Bimini.” Mr Christie noted that over the next year, beginning with the opening of the casino in June, 400 direct jobs should be created.
It was announced last year that Resorts World Genting had partnered with RAV Bahamas to open a $24 million 10,000 square foot luxury boutique casino at the Bimini Bay Resort and Marina. Resorts World Genting falls under Genting Malaysia Berhad, part of the multinational Genting Group, a consortium of companies with significant market exposure in Asia.
Prime Minister Christie also noted that Brookfield Asset Management, the Atlantis owner, was looking to acquire and move ahead with the Hurricane Hole Marina renovation and upgrade project on Paradise Island.