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In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.
Resorts World Bimini Bahamas is a 750-acre (300 ha) Caribbean beachfront resort and casino located on North Bimini Island.Opened in 2013, the resort is operated by the Malaysia-based Genting Group. [1]
The amenities include three hotels (a Grand Hyatt, SLS Baha Mar, and the Rosewood) with a total of 2,200 rooms, 284 private residences, a 100,000-square-foot (9,300 m 2) casino, a 30,000-square-foot (2,800 m 2) spa, and a Tournament Players Club golf course designed by Jack Nicklaus. [2]
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Treasure Cay, is a parcel of land connected to Great Abaco Island in The Bahamas.It has a population of 1,187 as of the 2010 Bahaman census. [1]There are two resorts Bahama Beach Club developed by Businessman Craig H. Roberts and Treasure Cay Beach Hotel, Marina & Golf resort, condos, villas, and private homes, many for rent.
The Hawksbill Creek Agreement established a duty-free zone in Freeport, the Bahamas' second-largest city, with a nearby industrial park to encourage foreign industrial investment. The Hong Kong-based firm, Hutchison Whampoa, has opened a container port in Freeport. The Bahamian Parliament approved legislation in 1993 that extended most Freeport ...
For a period of years, Andros sponging was The Bahamas' largest industry. In the 1930s, the sponges were wiped out by a Red Tide infestation. The sponging industry died, and the spongers left the island for Key West, and Tarpon Springs, Florida. Thousands of unemployed Bahamians moved to the village of Coconut Grove near Miami. [13]
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