Free press releases distribution network?

Agency / Source: Paramount Group, Grand Cayman

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Cayman and Canada to Advance the Cayman Islands Airport Redevelopment Project - $200 Million Airport Redevelopment Project Announced - Three days of high level talks between Cayman and Canada to Advance the Cayman Islands Airport Redevelopment Project - ParamountMedia.ky
Cayman and Canada to Advance the Cayman Islands Airport Redevelopment Project

 

PRZOOM - /newswire/ - Georgetown, Grand Cayman, Canada, 2012/10/25 - $200 Million Airport Redevelopment Project Announced - Three days of high level talks between Cayman and Canada to Advance the Cayman Islands Airport Redevelopment Project - ParamountMedia.ky.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

From Wednesday, October 17, through Friday, October 19, meetings were held in Georgetown, Grand Cayman, Cayman Islands between key Cayman Islands Government agencies and a Canadian team led by the Canadian Government to advance the Cayman Islands Airport Redevelopment Project - specifically the redevelopment of Grand Cayman’s Owen Roberts International Airport.

Key executives from Cayman-based Paramount Group, Kenny Rankin, Paul Rankin, David Rankin as well as Edward Jerrard, a well known local aviation expert, also participated alongside the Canadian team.

On Wednesday, October 17, 2012, the Canadian team and Paramount met with the Cayman Islands Tourism Association.

On Thursday, October 18, 2012 meetings continued with senior representatives of the board of the CIAA as well as CIAA senior management, the directors of the Cayman Enterprise City and the board of the Cayman Islands Chamber of Commerce.

Meetings were held on Friday, October 19, 2012 with members of the Cayman Islands Government Caucus and wrapped up with discussions with the Auditor General.

The Canadian team is proposing a privately financed, long-term airport concession that will not require any Government funding. The proposal includes a significant upfront payment to the Cayman Islands, a healthy ongoing revenue share to the CIAA, material fiscal savings to the Cayman Islands by transitioning civil servants to the private sector and an overall proposed project investment of approximately $200M, in addition to the operation and continuous improvement of the airport facilities for a period of 30-40 years.

Positive feedback was received at all meetings to the Canadian team’s proposed doubling of current airport capacity, important short term safety upgrades, and the generation of significant employment opportunities, all at no cost to the Cayman Islands. Further discussions involved a dramatically improved customer service experience by modernizing and improving terminal passenger flows and in all respects improving the airport services and experience to match the international standing of the Caymans as a premier tourist destination and global financial centre.

Discussions also focused on an enabling environment for future economic growth by upgrading infrastructure required to support and facilitate many private business initiatives, which of course would drive further economic benefits to the Cayman Islands.

Canada, through he Canadian Commercial Corporation, offers the advantage of contracting for the delivery of complex infrastructure projects on a Government-to-Government basis. Simplified acquisition, reduced risk and an enhanced bilateral relationship are key advantages of this approach. Collaborative project definition and planning are the foundation of the project development and implementation process proposed by the Canadian team.

Quality, value for money and integrity were key in all the discussions and the participation of the Canadian Commercial Corporation in the project, as Prime Contractor, provides the reassurance of a guarantee of contract performance from the Government of Canada. Further, the well-proven rapid deployment acquisition model of a Government-to-Government negotiation framework can dramatically reduce implementation timeframes and transitions risk for the Cayman Islands.

About Canadian Commercial Corporation (CCC)
CCC, a Crown Corporation wholly-owned by the Government of Canada, reports to the Canadian Parliament through the Minister of International Trade and acts as Prime Contractor to other governments and their agencies, international organizations and private sector buyers of goods and services from Canadian suppliers. The CCC mandate is to facilitate trade between Canada and other nations and does this by facilitating acquisitions from Canada through Government-to-Government contracting. A contract signed by CCC brings with it the Government of Canada’s assurance of contract performance.

Canadian Commercial Corporation
50 O'Connor Street, 11th floor
Ottawa, Ontario K1A 0S6
P: 613-996-0034 / F: 613-995-2121 

Paramount Group
For more than 50 years, the Paramount Group (paramountmedia.ky) has continued the legacy of its founder, Kent Rankin, in developing fiscally responsible and innovative business solutions that are shaping the future in construction, media, farming and marine technology on all three Cayman Islands – Grand Cayman, Cayman Brac and Little Cayman. This family-owned business conglomerate includes Paramount Carpet and Tiles, the largest retailer of its kind in the Cayman Islands; Dolphin Custom Cabinets, showcasing the highest quality cabinetry available in the Cayman Islands; Paramount Media, the home of two of the most popular radio stations, SPIN 94.9 FM and VIBE 98.9 FM; Monster Media, the island’s most influential advertising and marketing agency, as well as the premier event planner on the islands with events drawing worldwide media attention and attendance including John Legend, Million Dollar Run and Jet Around Cayman, in its 17th year; Tech Marine, the most technologically advanced marine service company on the islands; and one of the largest farms on the island, Rankin’s Farm. Giving back to the community is key to Paramount Group whose corporate responsibility efforts include a heavy focus on youth and education founding The Achievement Centre pre-school in Prospect, Grand Cayman. Paramount Group is proud have such a positive influence in the Cayman Islands and its citizens having built more than 500 homes, condos and apartments on Grand Cayman and Cayman Brac. The Paramount Group continues to look towards the future within the Cayman Islands and beyond as it continues to grow and embrace additional business units.

Cayman and Canada to Advance the Cayman Islands Airport Redevelopment Project.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Paramount Group, Grand Cayman

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


Cayman and Canada to Advance the Cayman Islands Airport Redevelopment Project

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Julia Simmons - ParamountMedia.ky 
345-949-8423 julia.simmons[.]paramountmedia.ky
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Paramount Group, Grand Cayman securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Paramount Group, Grand Cayman / Company Profile


Read Aviation/Aerospace Most Recent Related Press Releases:

Mécafi Inaugurates New Plant to Make Guide Vanes for Safran Aircraft Engines
Embraer Delivers its 1,300th E-Jet to Tianjin Airlines
Thales Alenia Space and SENER Begin their Business Alliance in Optical Payloads for Space Missions
Saab and Embraer Inaugurate the Gripen Design and Development Network in Brazil
AMES Launches New Nacelle and Aerostructure Repair, Overhaul Services Capabilities
Leonardo - SW-4 ‘Solo' Rotary Wing Unmanned Air Vehicle and Advanced Airborne Sensors at Unmanned Warrior 2016
Embraer Signs Agreements with United Airlines and Republic Airways
GE Assigned Maintenance Role for Systems on F-35 Aircraft in Australia
Frost & Sullivan Commends Airbus DS Communications for Adding High Value to the NG911 Market with its VESTA® Solution Suite
Thales Alenia Space Completes the Acquisition of RUAG’s Opto-electronics Business Line

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today