a blueprint for the future - grand cayman magazine · “grander cayman.” dart deal the signing...

D E V E L O P I N G AD E V E L O P I N G A

A Special Advertorial Section for ‘Grand Cayman Magazine’

A Blueprint for the FutureA Blueprint for the Future

Times are changing – and Caymanis changing with the times. Majorprojects earmarked for the coun-

try are about to transform the landscape,and economy, of the Cayman Islands.Indeed, the groundwork is being laid tobuild a “Grander Cayman” to ensure amore diverse and prosperous future.

From Dr. Devi Shetty’s cutting-edgehealthcare city and the new downtownport to the groundbreaking mega-devel-opment deal with the Dart Group andconstruction of a commercial “free zone”business park, the island of today willnot be the island of tomorrow. Timesare indeed changing – for the better.

Weathering the global financialstorm that left few countries unscathed,Cayman is once again poised forgrowth, and better times. Innovation,energy, and vision are key to building abrighter tomorrow. A lengthy list ofmajor developments slated to begin overthe next few years – some already underway – promises new opportunities anddirection for Cayman, not only for today

but well into the future. It will allowgenerations to come to continue to tellCayman’s growing success story.

The history of the Cayman Islandsis a tale of rapid growth. The foundationwas laid in the mid-1960s when legisla-tion was passed to take advantage of thecountry’s status as a tax-free jurisdiction,ushering in the start of the country’sascent into the financial services realm.As infrastructure developed, it helpedfuel the growth of Cayman as a world-class offshore financial center, and as afirst-class tourism destination. But astimes change, Cayman can no longer sitback and rest on these two economiclaurels – diversification is key.

That’s why these projects are a wel-come addition to the islands. They pro-vide opportunity, stimulus, and growth– and a solid way forward to building a“Grander Cayman.”

Dart DealThe signing of a mega-deal between gov-ernment and the Dart Group means a sig-

nificant stimulus to the economy. Thelargest public-private deal ever reachedin Cayman’s history will see the DartGroup spending $1.2 billion over thenext 20 years or so. It anticipates spend-ing US$415 million in direct investmentover the next five years, with US$200 mil-lion to be spent in the next two years.

Among the projects are the redevel-opment of the former Courtyard MarriottHotel, the extension of the EsterleyTibbetts Highway into West Bay andfunding for community projects includ-ing schools, district parks, and affordablehomes. Dart will also cap and remediatethe George Town landfill – known as“Mount Trashmore” – and provide landfor a new solid waste management site.

This far-reaching partnership signalsa new era for Cayman.

Health TourismThanks to the vision of Dr. Devi Shetty,a new type of tourism in Cayman willsoon come on stream: medical travel.The world-renowned cardiologist revo-

DEVELOPING A GRANDER CAYMAN

102 A Blueprint for the Future

PH

OTO

BY C

OU

RT

NEY P

LA

TT

lutionized medical care in India by intro-ducing high-quality, low-cost treatmentsat his pioneering private hospitals. Thesurgeon, who served as Mother Teresa’sprivate physician, is now bringing thatsuccessful model here.

The Narayana Cayman UniversityMedical Center will include a 2,000-bedhospital, a research facility, a teachingfacility, and an assisted living facility.The hospital will target mainly Americanpatients seeking discounted medicalcare. The first phase of the $2-billionproject is expected to break ground bythe end of this year, with 140 bedsopening in early 2013. The healthcarecity will be constructed over the next 15years. Touted as Cayman’s third eco-nomic pillar, this significant private sec-tor initiative spells jobs and continuedgrowth for the country.

In the ZoneAnother exciting new “city” is also inthe works – Cayman Enterprise City.This special economic zone focusing

on knowledge andtechnology is expectedto create thousands ofjobs and bring new investment. Thecommercial business park would fea-ture five main campuses: an InternetPark, a Biotech Park, a Media Park, aGlobal Commodities Park, and anInternational Academic Park. No man-ufacturing or engineering will takeplace, and companies locating therewould not be allowed to competelocally, but instead have a global focus.

Among the benefits for companiessetting up shop in this zone: no incometax, no corporate tax, no capital gainstax, 100 per cent foreign ownership, 100per cent repatriation of profits, reducedwork permit fees, and no import dutieson most items.

Construction of the first phase of thethree-phase project is slated to begin inJanuary of 2012, and be completed in 18months. The developer, Hon DevelopmentCompany LLC, intends to build 500,000square feet of leasable space by 2016.

Special economic zones are found through-out the world, and Enterprise City wouldbe the first of its kind in the Caribbean.

Infrastructure DevelopmentsSophisticated and up-to-date infra-structure is key to remaining competi-tive, promoting investment and growthto build a vibrant economy and quali-ty of life.

The need for a cruise ship berthingfacility in the downtown harborremains a priority. Plans are in motionto expand the dock to allow largecruise ships direct access, thus elimi-nating the need to use smaller tenderboats to ferry passengers from thecruise ship to the harbor. This wouldmake Cayman more competitive as thecruise lines choose to go where theirpassengers have the best experience.As tourism continues to rebound, it’sthe right time to take action.

(Left) Aerial view of George Town, Grand Cayman.

(Above and Right) An artist’s rendering of Cayman Enterprise City.

SPECIAL ADVERTORIAL SECTION 103

The government is also lookinginto improving facilities at the OwenRoberts International Airport, includingextending the runway for long-haul car-riers from Europe and elsewhere.Alternatively, the airport might be relo-cated to a more suitable location.Roadway projects are also in discussion,including a new road into the easterndistricts.

Developer Joseph Imparato is pro-posing a multi-purpose world-class sea-port in Cayman’s East End. He says theEast End Sea Port would pave the wayfor new jobs and new industry for gen-erations to come. Not only does the

project offer ample opportunity forCayman to diversity its economy, butwill also build important infrastructurefor the future, he notes. When complete,the multi-million dollar mega-projectwould include a cruise ship home port;a mega yacht marina; hotel and shop-ping area; a hydrocarbon storage facili-ty; a commercial cargo port; and a cargotransshipment facility. With the envi-ronmental Impact Study completed ear-lier this year and delivered to theDepartment of Environment, discus-sions are ongoing.

Also, local businessman MarioRankin is exploring the possibility of

bringing a small oil refinery to GrandCayman. Through his company,Navitas, he is working with VentechEngineering, Inc., out of Pasadena, TX,to locate a modern refining facility closeto the CUC plant.

Luxury DevelopmentsCayman’s skyline is going higher. Majorchanges to Grand Cayman’sDevelopment and Planning Law meanthat developers along the Seven MileBeach corridor can build structures upto 10 storeys. The previous heightrestriction was seven. Building heightrestrictions were also increased slightly


Crystal Cove, South Beach-style homes being built on strata-free lots in fashionable Crystal Harbour.

WaterColours, an exclusive enclave of luxury condominiums, under construction on Seven Mile Beach.

in beach resorts and residential areas inother parts of the island. It means morespace for higher ceilings, and largerfloor areas in beach resorts, bigger liv-ing spaces – and better living!

Real estate brokers says these newregulations, introduced last year, canhelp spur economic growth and givemomentum to the renewal and renova-tion of older properties on the beach –and around the island. Among thedevelopments that decided to takeadvantage of the new legislation isWaterColours. Developers of the luxurycondominiums, which are already underconstruction, modified the structure toinclude another three floors, going fromsix to nine storeys.

Among other projects moving for-ward is the residential phase ofCamana Bay. The first phase, condos

and homes built along the waterway,is slated to begin by end of this year.The Ritz-Carlton’s Dragon Bay devel-opment also continues to progress.More than 100 condos and homes areplanned for Secret Harbour, with con-struction expected to being this year.Oceana, located on the waterfrontnear George Town, is under con-struction, and will feature 15 luxuryresidences.

Other notable residential projectson tap include the construction of 28three-bedroom beachfront homes atRum Point Club Condominiums, Opus Iand II at Prospect Point, and CrystalCove in Crystal Harbour.

Other SignpostsOther news on the development frontinclude the redevelopment of the Yacht

Club and construction of a newNational Gallery off of the Harquailbypass.

Cayman’s dive industry received asignificant boost earlier this year withthe sinking of the USS Kittiwake, a 1945-vintage rescue submarine. The navalship was sunk just off Seven Mile Beachto create an artificial reef.

The massive ship now rests on thesandy bottom of the sea, attractingmarine life along with thousands ofdivers and snorkelers. This new attrac-tion is capped off with Seven MileBeach being named among the Top 10best beaches in the world by the influ-ential travel site, TripAdvisor.

With all these projects in the wings,it’s clear that confidence and forward-thinking has returned. It’s time forchange – and this change is good.

A lengthy list of major

developments slated to

begin over the next few

years – some already

under way – promises

new opportunities and

direction for Cayman,

not only for today but

well into the future.

Medical tourism, a promising new industry for the Cayman Islands.


The proposed East End Seaport would bring economic stimulus to the eastern districts.

When ground is broken laterthis year for the NarayanaCayman University Medical

Center, it will usher in a new era ofemployment, education, and economicopportunities for the people of theCayman Islands.

To embrace a medical metaphor, itcould prove to be an “economic life-saver.”

Narayana Cayman is the vision ofrenowned Indian philanthropist andheart surgeon Dr. Devi Shetty, a health-care pioneer who revolutionized themedical industry in India, where he oper-ates a large network of high-quality, high-volume, low-cost private hospitals.

The Cayman complex will generatethousands of good jobs, provideunprecedented educational and trainingopportunities for Caymanians in thehealthcare field, and generate billions ofdollars in direct and spinoff benefits togovernment and the local economy.

The 15-year project planned forCayman will at maturity include a 2,000-

bed tertiary-care hospital, a medicalresearch unit, a medical education facil-ity, a wellness and recovery facility, andan assisted-care living community. Dr.Shetty has committed $2 billion to buildthe healthcare city, which would makeit the largest capital project in Caymanhistory. By 2526, it is expected toemploy 2,300 Caymanians, including 90doctors, 900 nurses, and 1,300 technicaland support staff.

The first phase, which will open inearly 2013, of course, begins more mod-estly. In its first year of operation, thehospital will include 140 beds and willcater to 80-100 patients per day(expanding to more than 1,400 a daywhen fully operational).

Importantly, the project will diver-sify the Cayman economy—medicaltourism will join (and possibly surpass),financial services and leisure tourism.

Many existing businesses, includinghotels, restaurants, telecom and utilitycompanies, watersports operators, andtransportation providers (to name just a

few) will benefit from the spinoffeffects the medical complex will bringto the community. It will also createattractive opportunities for new busi-nesses, for everything from supermar-kets and cinemas to new residentialhousing projects.

At an early stage of the planningprocess, the Shetty Group employedGrant Thornton, the internationalaccounting firm, to prepare a 15-year(the period of the build-out) economicforecast on how the Narayana Caymancomplex will impact the CaymanIslands. Some highlights:

• Over the 15-year development of theproject, the direct investment will beapproximately US$2 billion. Thisincludes $1.2 billion for the hospital,$360 million for the university, and$400 million for the assisted-care liv-ing facility.

• Beginning in 2011, $100 million willbe spent in Cayman in the first twoyears, including $55 million in con-

NARAYANA CAYMAN UNIVERSITY MEDICAL CENTER


What Dr. Shetty’s ‘Healthcare City’ Will Mean for the Cayman Islands

Artist rendering of Phase One of the hospital at the new Narayana Cayman University Medical Center

struction and $18 million in locallabor.

• More than $170 million will bederived in duties over the duration ofthe project.

• More than $270 million will be spenton locally purchased materials duringconstruction.

• More than $300 million will be paidto local labor during the constructionphases.

• Between the years 2011 and 2026,$1.3 billion will be spent on consum-ables, and $4.3 billion in total salarieswill be recycled throughout theCayman economy.

• By 2026, Cayman Airways revenue isexpected to increase by 125 percent,and a significant number of hotelrooms will be added to the currentinventory, generating another $1.2 bil-lion in construction spending. Also,many residences will have to be builtfor necessary staff. Restaurant rev-enues are expected to climb from thecurrent level of $14 million a year to$319 million over the next 15 years.

The Perfect Industry, The Perfect VenueMedical tourism is one of the fastestgrowing segments of the healthcareindustry. Patients are increasingly trav-eling outside their own countries toreceive medical and surgical care, main-ly because of affordability, accessibility,and, often times, a higher level of care.

Scott Edelstein, a healthcare coun-selor from the U.S.-based law firmSquire, Sanders and Dempsey, estimatesthat the value of global medical tourismwill rise to $100 billion in 2012 (up from$60 billion in 2006).

Cayman, with its close proximity tothe United States, political stability, andsafe, clean environment, is ideally suit-ed to host this growing industry.

Narayana Cayman will largelyattract its patients from North and SouthAmerica as well as the Caribbean region.According to a Deloitte report, an esti-mated 1.3 million Americans will seekmedical care outside of the United Statesin 2011, growing to an estimated 1.6 mil-lion in 2012.

Cost savings can be significant. Forexample, the average cost for heartbypass surgery in the U.S. is $144,000.In Cayman, the estimated cost will be$40,000 to $50,000.

“In today’s global economy, itmakes sense for an informed con-sumer to consider high-quality, cost-effective care choices beyond bor-ders,” says Vivian Ho, chief develop-ment officer with Medical TourismAssociation, an international non-prof-it trade association.

Adds Ho, “For the host country andhealthcare service provider, there aresignificant benefits from engaging inmedical tourism including a favorableeconomic multiplier effect.”

Currently at least 50 coun-tries are declaringmedical tourism amongtheir national industries.Cayman is especially fortunate tobe hosting the Narayana Caymancomplex since several Caribbeancountries are trying to entice medicaltourism projects to their shores. SoonCayman will be counted among the lead-ers internationally in this burgeoning field.

However, Cayman also has oneadvantage that no other internationalvenue can match: Our healthcare citywill be headed up by one of the best-known, most respected, and mostrevered medical practitioners in theworld—Dr. Devi Shetty.

Narayana Cayman

University Medical Center

Tel: (345) 769-5656

E-mail: [email protected]


Dr. Devi Shetty with sons Varun, a physician, and Viren, a civil engineer, during a visit

to Grand Cayman.

Come. Make your escape.A paradise that encompasses

the ultimate lifestyle retreat

60 luxuriously private residences with spacious

three- and four-bedroom floor plans held within nine storeys

and constructed to the highest specifications

PRICED FROM U.S. $2.7 MILLION — THE MOST EXCLUSIVE CONDOMINIUM

COMMUNITY ON GRAND CAYMAN’S SEVEN MILE BEACH

STATE-OF-THE ART FITNESS STUDIO • BEACHSIDE INFINITY POOLPRIVATE MASSAGE ROOM • 24-HOUR SECURITY

BEACHFRONT OWNERS’ CONSERVATORY WITH WINE STORAGE, LOUNGE ATTENDANT AND CHEF’S KITCHEN

CONCIERGE SERVICES • BOARDROOM • OWNERS’ GUEST SUITESPRIVATE UNDERGROUND PARKING AND STORAGE • VALET PARKING

ON-SITE LUXURY CAR SERVICE

www.TheWaterColoursCayman.com

James BovellBroker/Owner+345 945 [email protected]

Kim LundBroker/Owner

+345 949 [email protected]

caymanlundteam.com

Each office independently owned and operated. RE/MAX Cayman Islands, 7 Mile Shops, Grand Cayman. CIREBA Member.MLS# 077580,896-923

wned and opertly oe independencffiEach o

ile Shops, 7 Myman IslandsaX CA. RE/Medtawned and oper

.emberyman. CIREBA Maand C, Grile Shops

[email protected]+

kroBimK

moc.sryk.xamre@l

585re

ellvoB

C A Y M A N E N T E R P R I S E C I T Y

Anew city is about to unfold inGrand Cayman.

It’s called Cayman Enterprise City(CEC). This special economic zonefocusing on knowledge- and technology-based industries is expected to createthousands of jobs and bring new invest-ment and opportunity to the islands.

The commercial business park willfeature five main campuses: an InternetPark, Biotech Park, Media Park, GlobalCommodities Park and an InternationalAcademic Park. No manufacturing orengineering will take place, and com-panies in the zone would not beallowed to compete locally but insteadhave a global focus.

The campuses are being developedin three phases, comprising 500,000square feet of Class A office space. CECwill represent the largest technology,communications and commerce clusterin the region, and will host dynamicgrowing enterprises as well as giantglobal brands.

“CEC will be the premier free-mar-ket business environment in the westernhemisphere featuring the benefits ofeconomic freedom in a virtually tax-freeenvironment,” says CEO Jason Blick.

A special economic zone (SEZ) is adesignated geographical area that haseconomic regulations and concessionsthat are more free-enterprise-orientedthan the country’s typical ones. The SEZcategory covers a broad range of spe-cific types of zones such as free ports,free trade zones and industrial parks.There are around 3,000 of these differ-ent types of economic zones operatingin more than 120 countries.

CEC would be the first of its kind inthe Caribbean, and unique in the worldin that no other special economic zonehas these five clusters of industriesgrouped together in one campus.

CEC offers highly attractive incen-tives to international businesses. Theseinclude: no income tax, no corporatetax, no capital gains tax, no foreignownership restrictions, 100 per centrepatriation of capital and profits,reduced work permit fees and no

import duties onmost items.

Its strategic loca-tion positions it as agateway to the lucra-tive markets in NorthAmerica and theemerging giants ofSouth America. It alsooperates on the NewYork time zone –unlike the 9-hour dif-ference in Dubai or12 hours in Mumbai.Cayman’s attractivelifestyle and highstandard of livinggives it another edge.

“The bottom lineis that most SEZsaround the globesimply can’t offer allof the important com-ponents and the collective benefits thatCEC brings, and this is proving to be asuccessful and unique selling proposi-tion for Cayman Enterprise City,” saysMr. Blick.

CEC’s international business devel-opment team is launching a massive glob-al business development drive to reachout to major companies, global brandsand Fortune 500 companies in theInformation Communications Technology(ICT) and bio technology fields to enticethem to the multi-faceted park.

CEC aims to become a central intel-lectual property (IP) hub. IP law isdeveloping rapidly in order to meet thechallenges of the ever-increasing changein technology and no jurisdiction canafford to be complacent about how itslegal system accommodates thesechanges. By introducing a best-of-breedsolution to registering IP, the CaymanIslands can forge a new status as aknowledge-based intellectual centre.

The business development team isalso reaching out to Cayman’s buoyantfinancial services sector. Many of their cor-porate clients have an interest in estab-lishing a presence in the zone, anapproved model by the Organization forEconomic Co-operation and Development.

“I am delighted to say that we havealready received very encouraging feed-back from key influencers withinCayman’s financial services industrywho are very enthusiastic about theopportunities that CEC can bring theirfirms and their existing clients,” says Mr.Blick. “Providing solutions, where theirexisting clients can take a physical pres-ence within CEC that solves their ever-increasing concerns of the ‘substanceover form’ issue.”

CEC will not only help diversify theeconomy by introducing a new eco-nomic pillar in Cayman, but will alsocreate spin-off jobs and economic ben-efits outside the zone. An economicimpact report by KPMG released inFebruary of 2011 determined that forevery job created within the zone, onewould be created in the Cayman econ-omy outside the zone.

Construction of the first phase ofthe three phase project is slated tobegin in Q1 of 2012. The developerexpects to complete phase one of theproject in 18 months.

Find out more at:

www.caymanenterprisecity.com

Tel: (345) 945-3722


Cayman Enterprise City is expected to attract major international corporations to its modern campus.

A New Economic Engine for the Cayman Islands

With a little help, spirits cansoar. It’s one reason CaymanAirways Limited (CAL) is

actively involved in the communities itserves. As a responsible corporate citizen,the national flag carrier of the CaymanIslands knows how important it is toinvest in the community and the peopleof the Cayman Islands – and beyond.

“We believe non-profit and charita-ble organizations are a catalyst forgrowth and change, providing socialand economic balance in our commu-nities,” says the airline’s Marketing andPublic Relations Manager, Olivia ScottRamirez. She said CAL donates hun-dreds of tickets annually for travel toand from its destinations, as well asother services such as air cargo, in sup-port of charitable causes which reflectthe airline’s own core values. “Such ini-tiatives also help to build asense of pride among ouremployees, whose own livesare often touched in one way oranother by the company’s com-munity outreach initiatives,” shenoted.

CAL’s community supportand outreach activities are generatedthrough a new program calledKXCommunity, which Mrs. ScottRamirez explained focuses on youth andeducation, culture and the arts, andhealth and sports. “Our goal is to inter-act with the people in our communitiesthrough long-term, sustainable initia-tives,” she said. “Cayman Airways hasbeen serving the Cayman communitynow for 43 years, and our newKXCommunity initiative is our way ofgiving back and helping dreams andopportunities take flight.”

To find out more, or to apply to our

KX Community program, email:

[email protected].

www.caymanairways.com

CAYMAN AIRWAYS

(345) 949-2311

in Cayman Islands

(800) 252-2746

in U.S.A.

C A Y M A N A I R W A Y S


(From Top Left): The Brac Barracudas Swim Team gets a lift to compete on Grand Cayman; Cayman Brac artisans get a free ride to display their crafts atArt@Governor’s each year; CAL staff raises funds to support colleagues and others in need; CAL supports Cancer Awareness Initiatives; Sir Turtle as a

celebrity guest at schools on International Reading Day; and young student Hasani Stewart is awarded for his prize-winning essay about Cayman Airways.

Building a Better Community

43

N A V I T A S L T D .

An oil refinery in George Townwill not only help fuel the localeconomy and lower the cost of

living, but also provide long-term ener-gy solutions for the Cayman Islands.

The Cayman Islands Refinery Projectis a multi-faceted venture that has manyspin-off benefits – including lowering gasprices and electricity bills, opening thedoor to exciting new industries, job cre-ation and greater self-reliance as a nation.

Two companies are behind thevision: Ventech Engineers, Ltd., based inHouston, Texas, the manufacturer of therefining units; and Navitas Ltd., a whol-ly owned Cayman company. Becausethe venture will be Caymanian-owned,it means this new revenue stream willremain in the local economy. Currently,multi-national corporations supplypetroleum products to the island, withrevenues going offshore.

Creating a brand new pillar of theCayman Islands economy, the refineryproject would be the first privatelyowned company in Cayman that wouldbenefit everyone across the board –businesses, residents and government –by lowering fuel-related costs and cre-ating new industry.

Using cutting-edge, proven tech-nology, the oil refinery would be envi-ronmentally sensitive, with zero emis-sions. The Co2 gas emissions would berecovered to supply greenhouse opera-tions on island. Waste heat generated bythe refinery would be also recoveredand used to generate electricity.

The modular crude oil topping plantwould be set up on 13 acres of indus-trial land behind Caribbean UtilitiesCompany, and oil could be piped direct-ly to CUC to power its generators. Theutilities company is the largest consumerof petroleum products on the island,using about 33 per cent of the dailypetroleum usage to generate electricity.

Rather than shipping Middle Easternoil into Cayman bought from the UnitedStates as currently is the case, crude oilwould be sourced regionally fromMexico and Colombia. This would helpreduce costs associated with fuel trans-portation, savings that would be passed

on to the consumer. Excess gaso-line, diesel, and liquid petroleumgas could be exported and sold toother countries in the region, creat-ing another new revenue stream.

The refinery has the capacity toprocess 6,000 barrels of crude oilper day. Currently, the island burns3,400 barrels of refined petroleumproducts a day. Eventually, theoperation could expand to produce

up to 12,000 barrels a day. The refinerywould produce aviation fuel, diesel fuel,fuel oil, kerosene, liquid propane gasand unleaded gasoline.

Currently, storage facilities for crudeoil and refined products are at a capacityof about a two-weeks supply. When therefinery comes on stream, storage capac-ity would more than quadruple – addingan extra buffer during storms that couldpotentially cut off delivery and supply.

The refinery would produce aviationfuel locally to support long-haul and non-stop flights from destinations beyond theU.S. East Coast. The government is seek-ing to lengthen the airport runway toattract trans-Atlantic flights, and an ade-quate fuel supply is a key component toaccommodate these flights.

A refinery would also allow gov-ernment to attract new industries.

Once approved, construction on theproject would start in March of 2012 andthe plant, because of its modular compo-nents, could be up and running within 90days. The project would create around 30direct jobs and 150 indirect jobs on island.

Fuel import duty would remain inplace, and would likely mean more rev-enue for the government as more oilthan now would be imported once theproject came on stream. The formationof a public-private co-operative wouldallow the government to put the rev-enues and royalties it collects into a fundfor an annual “cash back” or dividendprogram.

Reducing the cost of living, lower-ing utility bills and gas prices while put-ting additional revenue in governmentcoffers and paving the way for newindustry and opportunity, the CaymanIslands Oil Refinery Project is a win-windevelopment for everyone.

In the end, the project will go along way to build a better, brighterfuture for the people of the CaymanIslands. If a refinery can operate in anenvironmentally sensitive and safe man-ner while at the same time create a newpillar of the Cayman Islands economyand lower the cost of living for every-one on the island – wouldn’t you sup-port it?

Navitas Ltd.

Website under construction


Fueling Energy Solutions

Existing 6,000 barrel-a-day Refinery–Modular Unit in Texas ready for

immediate shipment and assembly

Refinery tour in Houston, Texas in February 2011

T R I N C A Y M E D I C A L S E R V I C E S

It’s a model ofhealth care in theCayman Islands.TrinCay Medical

Services is a state-of-the-art polyclinic, amulti-faceted healthcare facility housinga number of special-ists under one roof.The center has adedicated team ofhighly qualifiedphysicians coveringmore than a dozen

medical specialties. TrinCay Medical Services is conve-

niently located in the new, highly ele-gant and rapidly-developing CamanaBay. Founded in January of 2005 by Dr.Howard Deosaran, what began as onemedical office has expanded to includea variety of specialties: obstetrics andgynaecology; paediatrics; cosmetic med-icine; psychiatry; urology, cardiology;dermatology; cardio-thoracic surgery;neurology; internal and family medicine;anaesthesiology; pain management; andortholaryngology (ear, nose and throat).A medical laboratory and pharmacy willbe completed by the end of 2011.

TrinCay Medical Services prides itselfon providing compassionate care, andfocuses on the individual medical, socialand emotional needs of each patient. Thecenter’s philosophy aims to foster equal-ity among all patients, and provide out-standing service through access to afford-able medical care. TrinCay’s vision is topractice preventative, personalized med-icine that embraces today’s cutting-edgetechnologies.

TrinCay’s team of physicians, nurs-es and support staff are highly commit-ted to their patients, and are alwaysaccessible. Employing physicians andnurses who are talented, dedicated andhighly competitive in their field, theTrinCay team comes from all over theworld. Employees speak and practice ina variety of languages including English,Spanish, Filipino, French, German,Hungarian, Polish and Russian.

With vast experience and expertise,TrinCay is your partner in maintaininggood health.

ABOUT USMedical Director Dr. Howard Deosaranis from Trinidad and attended highschool in Canada. He acquired a bach-elor of science in physiology fromOklahoma State University, and thenattended medical school at the MedicalUniversity of Pécs, Hungary. He com-pleted his post-graduate studies inobstetrics and gynaecology at theUniversity of the West Indies, Jamaica.Thereafter, in Antwerp, Belgium,Professor Bruno Van Herendale’s depart-ment granted Dr. Deosaran a fellowshipand he trained in minimally invasive sur-gery (laparoscopic surgery). He thengained infertility management training inHouston, Texas. Dr. Deosaran graduat-ed from the Cayman Islands Law Schoolwith a LLB (Hons) in 2008.

Deputy Medical Director Dr. JamesRobertson is originally from Wales andhas practiced paediatrics for over 20years in the United Kingdom. For 13years he jointly ran a neo-natal (pre-mature baby) unit. Dr. Robertson istrained in paediatric cardiology andcares for children from birth to 16 years.He has worked at TrinCay for the pasttwo years and “loves the balance ofwork and play that is possible inCayman.”

One of TrinCay’s senior physicians,Professor Howard Spencer, is a cardio-thoracic surgeon, and former Dean ofthe University of West Indies, Bahamas.Dr. Spencer is the creator of the firstCardio-thoracic Department in theCaribbean and performed the first open-heart surgery in Jamaica.

Another senior physician, Dr. CarlosSedano, is the resident cosmetic surgeonon the island and has over 30 years ofexperience in his specialty.

The newest addition to TrinCay’smedical team is resident psychiatrist Dr.Blanca Bolea-Alamañac, who completedher specialty training in Madrid, Spain.She has more than 10 years of experi-ence caring for patients with mentalhealth problems. Her vast field of inter-ests includes patients with depression,anxiety, bi-polar disorder, eating disor-ders, and alcohol and gambling addic-tion. She also has sub-specialty trainingin ADHD.

All of the above physicians areenthusiastic to contribute their expertiseand service to the Cayman Islands’ com-munity and are currently welcomingnew patients.

TCMS business hours are:

Monday-Friday 8:00am to 5:00pm

and Saturday 8:00am to 12:00pm.

TCMS warmly welcomes any walk-

ins, and accepts all medical insur-

ance, including CINICO referrals.

To make an appointment with any

of TCMS’ physicians, please contact

Trincay Medical Services

345-943-4633 or 345-925-7020

www.trincay.ky

OUR SPECIALTIES:

• Obstetrics and Gynaecology

• Paediatrics

• Cosmetic Medicine

• Psychiatry

• Urology

• Cardiology

• Dermatology

• Cardio-thoracic Surgery

• Neurology

• Internal Medicine

• Family Medicine

• Anaesthesiology

• Pain Management

• Ortholaryngology

(ear, nose and throat)

TRINCAY MEDICALSERVICES PHYSICIANS:

Dr. Howard DeosaranBSc, MD, DM, FACOG, LLB (HONS)SPECIALIST CONSULTANTObstetrician/ GynaecologistMedical Director

Dr. James L. RobertsonMB, CHB, MRCP (PAEDS)SPECIALIST CONSULTANTPaediatrician/NeonatologistDeputy Medical Director

Dr. Howard W. SpencerCD, MB, BS, FRCS (Ed.), FACS.MPH (UWI)SPECIALIST CONSULTANTCardiothoracic Surgeon

Dr. Carlos SedanoMD, FRCPS (SPAIN)Cosmetic Medicine

Dr. Blanca Bolea-AlamañacMD, PSYCH (Specialist Registry GMC-UK)Specialist ConsultantPsychiatrist

Dr. Johanna KregielMD, PhD. (Specialist Registry GMC-UK)Specialist ConsultantAdult Cardiologist, Paediatric CardiologistPaediatrician

Dr. Johannes Wejbora Dr. Med., CCST (Specialist GMC-UK)Consultant Anaesthesiologist

TrinCay Medical Director

Dr. Howard Deosaran

A Model of Health‘State-of-the-art care with a global reach.’


a blueprint for the future - grand cayman magazine · “grander cayman.” dart deal the signing...

Documents