Tag: CIG land purchase
CIG spends $1.1M more on land to block development
(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 […]
$45.5M spent since 2021 buying land for crown
(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 […]