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China Builds $50M Stadium in Bahamas

By: AP
By: AP

NASSAU, Bahamas (AP) -- The Bahamas is unveiling a national
stadium that China built for more than $50 million as the Asian
country ramps up investment across the archipelago.

Government officials from both the Bahamas and China were
expected to inaugurate the 15,000-seat Thomas A. Robinson stadium
late Saturday.

Sports Minister Charles Maynard said the stadium was a gift with no strings attached.

The stadium was built using only Chinese materials and labor and
further cements the growing relationship between the two countries.

China also expects to build a $50 million sports and recreational
village around the stadium.

China's state-owned Export-Import Bank is building the $2.6 billion Baha Mar resort complex in New Providence and has agreed to provide a $41 million loan to build a new port and bridge in the
Bahamas.


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