Return to Main Story: Diversifying Cayman’s Economy
The Narayana Cayman University Medical Centre, Cayman Enterprise City and the development of a new hotel and convention centre received the greatest level of support among Chamber of Commerce members, according to the results of the Chamber’s Economic Survey.
More than 83 per cent of respondents supported the three private sector projects, with support for the now-shelved East End seaport and the ongoing oil refinery project lagging well behind.
Meanwhile, the cruise ship berthing facility, relocation/remediation of the George Town landfill and Owen Roberts International Airport renovation/expansion were considered the top three public sector projects, according to the same online poll. Following those were the completion of the new high schools, East/West arterial road and Spotts cruise landing facilities. Lowest ranked were the Cayman Brac hurricane shelter and renovation of the old Government Administration Building.
Poll respondents also ranked public services suitable for privatisation, according to the following order: Turtle Farm, Cayman Airways, airports, garbage disposal, Water Authority, CINICO, public sector pensions, Pedro St. James, National Roads Authority and Public Works.