Business Wire -- Baha Mar Resorts announced today that it has signed a formal agreement with China State Construction Engineering Corporation to construct the multi-billion-dollar Baha Mar Resort on Nassau’s famed Cable Beach. At the same time, Baha Mar also signed a Memorandum of Understanding with Export-Import Bank of China regarding potential project financing. The agreements were signed by Baha Mar Resorts’ president Don Robinson in Beijing, China earlier this week following discussions and meetings with representatives from both the Chinese banking institution and the state-owned construction corporation that began in April 2008.
