The Water and Sewerage Corporation (WSC) has over the past two years completed more than $2.9 million in capital works through 12 projects on Eleuthera, the corporation’s Executive Chairman Adrian Gibson said Friday, adding that ten additional projects have been approved at a cost of $3.6 million.
Gibson, who was speaking at the Eleuthera Business Outlook, said these projects have been administered or completed by WSC’s in-house teams.
He added that Eleuthera is one of WSC’s leading islands in terms of investments, growth and returns, and explained that the corporation is engaged in talks with the developers of the Jack’s Bay property, the new Disney project in South Eleuthera, and the developers of new resorts on Harbour Island, to become their primary water provider.
“WSC has been the supplier of preference on Eleuthera and is the only provider of public water on Eleuthera, operating five RO (reverse osmosis) plants, six distribution systems and two well fields on the mainland and operations on Harbour Island, Spanish Wells and Current Island,” he said.
“We have upgraded and installed an additional 120,000 IGPD (imperial gallons per day) capacity at our Waterford plant. WSC can now service Cotton Bay, Jack’s Bay and any other developments in this part of Eleuthera.
“WSC is looking to further expand this plant and/or construct an entirely new plant to service Disney. We are also exploring the costs of installing transmission mains between the plant in Waterford and the plant in Tarpum Bay.
“WSC has been and remains the provider of choice on Eleuthera. And so, Disney, look out for WSC! We can provide you with the best commercial value for water in The Bahamas!”
Gibson explained that revenue from the Family Islands could be higher, but “rates are much less than that of New Providence” because the Family Islands are heavily subsidized.
According to Gibson, in the last quarter of 2018 total Family Islands revenue was up by 47 percent, $827,994.36 higher than what was collected in 2017.
“These gains were led in part by Eleuthera, which was up by 78 percent during the assertive exercise period,” he said.
“Overall revenues for Eleuthera was up 19 percent for a total of $2,601,501.91. For 2019, the figures are trending even higher.”
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