China is funding a US$3.4 billion gaming and entertainment resort in the Bahamas that is being billed as the largest of its kind in the Caribbean.
The 1,000-acre Baha Mar resort is slated to open in late 2014. Its groundbreaking ceremony was held in Nassau, The Bahamas, on 21 February, and was attended by ministers of The Bahamas and presidents of Chinese enterprises that are funding and helping to build it.
Source: http://www.cnngo.com/explorations/life/china-begins-work-34-billion-dollar-resort-bahamas-697306
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