Lighthouse Point, Eleuthera. Photo: Barefoot Marketing
NASSAU, Bahamas — Disney Cruise Line Island Development Ltd’s proposal for Lighthouse Point, South Eleuthera was approved by the National Economic Council Friday, The Tribune reported on October 20.
The decision came despite calls from Disney’s competitor, Lighthouse Point Partners, to delay the decision for 60-days to give LPP an equal opportunity to present its proposal for the property to the public.
It is also a perceived blow to the efforts of environmentalists who argued the conglomerate would not be good for the environment.
In a statement, which followed Friday morning, deliberations by the NEC, Cabinet Office said negotiations will now begin on the heads of agreement. These negotiations will detail the scope of the project, Disney’s obligation and those of the government.
The government described this as “the best decision” for the Bahamian people, a sustainable future for residents of Central and South Eleuthera and the economic development of the Bahamas. http://www.tribune242.com/news/2018/oct/19/disneys-lighthouse-point-proposal-approved-nationa/
