MSC’s Investment in the Bahamas Approaches $1.5 Billion

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BIMINI , BAHAMAS – A major new investment is taking shape in Bimini, with ground now broken on MSC’s 400-million-dollar Sandy Cay development.

But this is just one piece of a much bigger investment MSC is making across The Bahamas, pushing its total investment toward one-point-five-billion dollars.

MSC is expanding its footprint in The Bahamas, and Sandy Cay is the newest piece of that puzzle.

Sitting just south of Ocean Cay, MSC says this new private island will have its own look and feel.

Officials say the plan is for something quieter and more intimate, with five different beaches, dining, water sports, wellness areas and private spaces.

CTL Maritime President Gianluca Suprani says it’s about giving visitors a different way to experience The Bahamas.

Gianluca Suprani – President, CTL Maritime
“Our new island, Sandy Cay, which, as we said, will be a completely new and different experience, will be a luxury positioning, five beaches, upscale experience. And the passenger will enjoy it as an excursion from Ocean Cay to the new island, to Sandy Cay.”

And while work gets underway at Sandy Cay, MSC is also putting more money into nearby Ocean Cay.

New restaurants and bars are planned, along with more family and adult spaces, additional cabanas and an expanded pier that will allow two ships to call at the same time.

And the investment doesn’t stop in Bimini.

In Grand Bahama, MSC is also involved in the redevelopment of the Grand Lucayan and the transformation of Freeport Harbour at Billy Cay.

Pierfrancesco Vago – Executive Chairman, MSC Group
“Through our investments in Grand Bahama, we are supporting the island’s tourism and economic resurgence, helping to build a broader platform for tourists, global connectivity and Bahamian enterprise.”

All together, Prime Minister Philip Davis says MSC Group’s investment in The Bahamas is approaching one-point-five-billion dollars, with hundreds of jobs expected.

But Davis says with that kind of money being invested, there also has to be room for Bahamians to grow with the company.

Philip Davis – Prime Minister
“Our expectation is simple: Bahamians must be trained as was promised, Bahamians must be hired as promised, and Bahamians must be promoted as promised at every level, at every level, including management.”

And some of those opportunities are expected to start before Sandy Cay even opens.

The project is targeting a 2028 opening.

Tourism Minister Glenys Hanna-Martin says more than 600 construction jobs are expected as the development takes shape.

Glenys Hanna-Martin – Minister, Tourism
“It is my prayer, my hope, and my alive expectation that this project will be a win-win for the developer, investor and the Bahamian people. The cruise sector and maritime industry potentially offers a huge range of opportunities for Bahamians. And so the anticipation is that this project will represent a significant and qualitative infusion into the local and national economy.”