Tag: CIG land purchase

CIG spends $1.1M more on land to block development

CIG spends $1.1M more on land to block development

| 01/10/2024 | 29 Comments

(CNS): The Cayman Islands Government has used public cash to buy another two pieces of land costing more than CI$1.1 million, the Ministry of Lands has confirmed. According to a brief summary of a recent Cabinet meeting, the ministers approved the purchase of both pieces of land for conservation reasons. However, officials told CNS that […]

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$45.5M spent since 2021 buying land for crown

$45.5M spent since 2021 buying land for crown

| 28/08/2024 | 61 Comments

(CNS): Since coming to office in 2021, the Cayman Islands Government, initially PACT and then UPM, has spent at least CI$45.5 million on acquiring more than 60 pieces of land, most of which were bought over the last 18 months. CI$12 million has been spent in Cayman Brac alone, over $2.1 million on Scranton Park […]

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