In The News
Sampson Cay Resorts at Odds
The Tribune
Two neighbouring Exuma resort developments are at odds over the larger project’s plans for the location of its northern dock and scale of its build-out plans.
240K Cubic Yards of Marshland Dredging
The Tribune
THE $40m Rosewood Sampson Cay project plans to dredge almost 240,000 cubic yards of fill to create two marinas for a development set to cover most of the island’s 124 acres when completed in 2031.
Yntegra Board Member Sentenced as Cuban Spy
AP News
A former career U.S. diplomat was sentenced Friday to 15 years in federal prison after admitting he worked for decades as a secret agent for communist Cuba, a plea agreement that leaves many unanswered questions about a betrayal that stunned the U.S. foreign service.
Total Incompatibility
The Tribune
AN Exuma-based developer says it is pursuing all necessary approvals for a $100m project that has forced a neighbouring resort to place its development plans on hold and raised environmental concerns.
Ecotourism Resort Halts Development Due to Yntegra
The Nassau Guardian
The $70 million Turtlegrass Resort and Island Club, slated to be developed on a private tract of Big Sampson Cay, has been put on an indefinite hold as its developer waits to see if Yntegra Group’s $100 million development of Crown land on Big Sampson Cay and East Sampson Cay in the Exumas will move forward as planned, environmental consultant for Turtlegrass Resort and Island Club Eric Carey told Guardian Business yesterday.
Manpower concerns over Exuma investment surge
The Tribune
LABOUR shortages, and the tendency of major developers to rely on foreign contractors, has left Exuma businesses pessimistic over how much they will benefit from multi-million foreign direct investment targeted at the island.
Yntegra Sued by Saudi Investor - Bloomberg
Bloomberg
A Saudi prince is suing a business partnership over $5 million in his purchase of a stake in a lush Bahamian island, the latest of the kingdom’s wealthy royals to turn to Delaware’s Chancery Court to resolve a dispute.
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Sampson Cay, Exuma, Bahamas