New government to keep promises on Dragon Bay

The Cayman Islands Government has stated that it will stick to promises made by the previous administration to the developer of the proposed Dragon Bay project.

Developer Michael Ryan was promised numerous concessions to secure the project including

• A dedicated space for resort guests and owners at Owen Roberts International Airport
• A 99 year lease on the land
• 50 work permits for staff
• Waiving/reduction of import duties

Dragon Bay was announced in March 2009. The proposed project incorporates the Ritz Carlton hotel and the land formerly occupied by the SafeHaven golf course.

Tags: Dragon Bay, Owen Roberts International Airport, Ritz Carlton, SafeHaven