Chinese firms prepared to invest more in stalled Baha Mar project
July 27 (Reuters) - Chinese firms that have built and bankrolled most of the stalled Baha Mar mega-resort project said on Monday they were willing to invest more to complete the Bahamas resort.
China Construction America (CCA) said it was prepared to invest an additional $100 million in Baha Mar. A unit of China State Construction Engineering Corp Ltd, CCA said it also had offered to provide a $175 million guarantee to China's Export Import Bank in connection with the bank's new $200 million facility to Baha Mar Ltd, the resort's developer. (Reporting by Tim McLaughlin; Editing by Alison Williams)
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