Minister of Tourism, Investments and Aviation and Member of Parliament for Exuma and Ragged Island, the Hon. Chester Cooper revealed on Saturday that approximately $1.5 billion in investments have been signed for the island of Exuma.

Cooper spoke with ZNS News while attending an event at the PLP Headquarters.  He said, “we expect Sandals to come back as Breezes that’s $100 million.  We anticipate great developments at Rosewood.”

Prime Minister Davis also spoke positively about the attractiveness of The Bahamas to investors at a recent contract signing.  He also mention the importance of Bahamian involvement in these projects.   “As we continue to attract the world to our shores we must open doors for Bahamian leadership at the highest levels.  We need to guarantee that Bahamians are unhindered in their involvement steering the future of tourism,” Davis said.

Cooper said these investments which are in various stages of negotiations and development will mean “more jobs, more entrepreneurial opportunities. more work for construction persons, heavy equipment, people selling food.”

On Grand Bahama, Cooper said, “Grand Bahama is still the fastest growing island for air arrivals and we expect that to continue into the future, it’s growing.  We need more entrepreneurs to really get engaged and get involved.  The Grand Lucayan will help.  The airport will help.”

Over the last three years there has been approximately $10 billion in investments.