Chinese firms building and bankrolling much of the $3.5-billion Baha Mar mega resort in the Bahamas said today they would invest more to complete the project, where construction has been stalled for months as the project ran out of money, Reuters reported. The incomplete Baha Mar has roiled the fragile economy of the Bahamas, which is counting on the resort to provide 5,000 jobs and a 12 percent boost to its gross domestic product. China Construction America (CCA) said that 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 offer of a new $200 million facility to Baha Mar Ltd, the resort's developer.
