Prime Minister the Most Hon. Dr. Hubert Minnis announced today that the Government of The Bahamas has signed a Heads of Agreement with Disney Island Development Ltd for a proposed Cruise Port and entertainment facility at Lighthouse Point, Bannerman Town, South Eleuthera.
The development has a projected investment of between $250m and $400m.
Disney has completed acquisition of the property from the private seller. Approximately 190 acres of the land purchased from the private seller, including the southernmost point of the property,