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Disney wins tentative approval from Bahamas for a cruise port on the island of Eleuthera [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Disney wins tentative approval from Bahamas for a cruise port on the island of Eleuthera In a decision criticized by locals and environmentalists, the government of the Bahamas has given tentative approval to a plan by Disney Cruise Line to build a cruise port on the southern tip of the thin, 110-mile-long island of Eleuthera. The port would be part of a 746-acre development by the subsidiary of the Walt Disney Co. entertainment empire and would include a pier, shops, marina, restaurants and walkways through nearby forest and around salt ponds. In a statement, the Bahamian Cabinet said the project would “create approximately 150 new jobs and an array of entrepreneurial opportunities for residents of Eleuthera and Bahamians in general.” The project has split the approximate 11,000 residents on the island, with some Disney critics pushing for a rival plan that they say would generate more revenue and jobs for island residents. The rival project, proposed by a nonprofit group called One Show less Read more
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