Apple island project latest news today 2019
The Apple Island Project is a proposed development in the Bahamas that has been making headlines in recent years. Here are some of the latest news updates on the project as of 2019:
Latest Update (June 2019):
The Apple Island Project, a $3.5 billion resort development, has received approval from the Bahamian government to move forward with its construction plans. The project, which is being developed by the Chinese company, China Construction America, will feature a luxury resort, a marina, and a golf course, among other amenities.
Previous Updates:
- In March 2019, the Bahamian government announced that it had reached an agreement with China Construction America to develop the Apple Island Project. The project is expected to create thousands of jobs and generate significant revenue for the Bahamian economy.
- In January 2019, the project's developers announced that they had completed the environmental impact assessment for the project, which is a major milestone in the development process.
- In November 2018, the Bahamian government announced that it had signed a memorandum of understanding with China Construction America to develop the Apple Island Project. The project is expected to be completed in phases, with the first phase expected to be completed by 2022.
Background:
The Apple Island Project is a massive resort development that is being built on a 1,000-acre site in the Bahamas. The project is expected to feature a luxury resort, a marina, a golf course, and a variety of amenities, including restaurants, shops, and recreational facilities. The project is being developed by China Construction America, a Chinese construction company that has experience developing large-scale projects around the world.
Controversy:
The Apple Island Project has been the subject of some controversy in recent years, with some critics expressing concerns about the project's potential impact on the environment and the local community. Some have also raised concerns about the project's financing, which is being provided by a Chinese government-backed bank.
Overall, the Apple Island Project is a major development that is expected to have a significant impact on the Bahamian economy and the local community. While there have been some concerns raised about the project, it is expected to create thousands of jobs and generate significant revenue for the Bahamian government.