The following statement was released Wednesday on behalf of Joseph Imparato:
“East End Seaport proposer Mr. Joseph Imparato announced Wednesday his vision and conceptual plans to build a modern, world-class seaport in the High Rock area of East End.
“Mr. Imparato confirmed that he had submitted a proposal to the Cayman Islands Government (CIG) for its due consideration. In the upcoming weeks he will hold a series of public meetings, allowing the people of the Cayman Islands to take a closer look and learn the facts about the East End Seaport.
“The East End Seaport is a maritime infrastructure project which, in its final and finished form, will facilitate five different types of marine based commercial activities as well as a selection of complementary land based activities.
“The five key activities are: a commercial cargo port; hydrocarbon storage facility; cruise ship home port; transhipment of containerized cargo and a luxury mega yacht marina.
“Addressing some of the misconceptions circulating in the community the following facts were shared:
*The Seaport will be developed on privately owned land and will be privately funded
*The Seaport port facilities will be managed by the Port Authority of the Cayman Islands, not a private entity
*There will not be an oil refinery
*An appropriate Environmental Impact Assessment will be conducted, the results of which will inform the design, engineering and construction methodology of the seaport
“In advance of the community presentations a web site will be launched which will provide a wealth of information on the proposed Seaport. When launched, the site will provide interested persons with a central location to get factual information about the project, from project specifications to the proposed timeline.
“Recently, Mr. Imparato started clearing paths on his property to allow access for preliminary site works prior to the commencement of the environmental impact assessment.
“The East End Seaport is an infrastructure project that allows for genuine economic diversification and expanded socio-economic benefits of this new project for decades to come. Mr. Imparato is committed to making the facts available to the public and encourages the people of the Cayman Islands to take a closer look at the proposed East End Seaport.”