Malaysian developer to operate Bahamas resort (AP) March 19, 2013 at 5:10 pm Bahamas PM says Malaysian developer to operate luxury resort as part of master plan for island A Malaysian conglomerate will take over operations at a luxury resort on Bimini and invest $100 million in air and sea transportation to the tiny island. In a Monday speech to lawmakers, Bahamas Prime Minister Perry Christie announced that Genting Group will operate the Bimini Bay Resort and invest in a high-speed ship and aircraft to transport guests. Christie says Genting is also developing a master plan for the island. Last year, the Malaysian developer announced that it planned to open a 10,000-square-foot casino on Bimini. It is expected to open in July. Christie says Bimini’s roughly 2,000 residents will soon see a dramatic improvement in the local economy. Bimini is among the smallest islands of the Bahamas and his already home to a luxury-yacht, fishing and second-home market. Copyright 2013 The Associated Press.