A heads of agreement has been signed between the government of The Bahamas and Ki’ama Bahamas for a fully solar powered resort development on Elizabeth Island in the Exumas.
A signing event was held at the Office of the Prime Minister this week where the Prime Minister was in attendance. He told reporters, “Ki’ama will also be a welcomed addition to the growth of the Bahamian economy creating long term sustainable employment for many Bahamians. The construction phase of the project is projected to employ between forty to fifty Bahamians and the resort will employ seventy five permanent staff once it opens.”
Ki’ama Bahamas President and Managing Director, John Long also spoke to members of the media at the signing and said this, “the most important aspect is of the entire island we’re only developing 16% of it which is really unprecedented for development and how low density we are. So we’re preserving the natural fauna on the island, very limited with respect to the roads that we’re putting through. There will be natural materials, crushed stone, and even the swimming pools we put on the development, they’re recycled shipping containers. So we’re not digging holes and pouring concrete which is really destructive to the natural environment.”
The project is valued at $56 million dollars and will include a two acre marina, restaurants, private beaches, pools and villas.
