planning for the future - west presentation - feb122019.pdf · – residency and employment rights...

PLANNING FOR THE FUTURE

“We are committed to sustainable economic growth and

community development in the Cayman Islands. Guided by our

values, culture and philosophy, we invest in people, businesses

and communities, enhancing the quality of life and creating

meaningful opportunities for productive and fulfilling lives.”

OUR BUSINESSES

OUR PEOPLE

DART CORPORATE

Total number of staff currently employed in our Corporate offices 402

– Caymanian 240

– Permanent Resident 30

– Residency and Employment Rights Certificate 27

– Work Permit Holder 105

RETAIL

Total number of staff currently employed in our Retail businesses 269

– Caymanian 161

– Permanent Resident 7

– Residency and Employment Rights Certificate 21

– Work Permit Holder 80

LUXURY HOSPITALITY

Kimpton Seafire Resort + Spa 425

– Caymanian, Permanent Resident, Residency and Employment Rights Certificate 149

– Work Permit Holder 276

The Ritz-Carlton, Grand Cayman 750 to 850

– Caymanian, Permanent Resident, Residency and Employment Rights Certificate +260

– Work Permit Holder 590

DART SCHOLARS AND MINDS INSPIRED

INVESTING IN OUR FUTURE LEADERS

DART SCHOLAR

• Since 2012, Dart has awarded two (2) four-year high school scholarships

• There are currently eight (8) high school scholars and selection is underway for two (2) 2018 scholars

– William A. Dart Memorial Scholarship founded in 2013

• Scholarship is awarded for up to four years of study overseas

• There are currently eleven (14) university scholars and three alumnus

MINDS INSPIRED

– School Programmes – initiated and funded by Dart:

• Annual Mathematics Challenge and Junior Challenge

• Annual SeaPerch Underwater Robotics Programme

• SEA Naval Architect and Marine Engineering Academy

• Dart Award of Excellence in STEM Graduation Award

• Dart Minds Inspired Excellence in Teaching STEM Award

• FIRST global Challenge Robotics Programme

– Summer Work-X Programme:

• Approximately 35-40 students hired during school breaks each year to intern at Dart

2017 2016 2015 2014 2013 2012$493K $392K $368K $334K $80K $40K

Annual spend (includes school fees/tuition, MI school programmes and yearly scholar enrichment trip. (USD))

Students work on their robots for the 2018 SeaPerch

Challenge

2018 SeaPerch Underwater Robotics Challenge Winners

John Gray High School

SUSTAINABILITY

Installed Photovoltaic Capacity: 532,410kw across Camana Bay and the Cayman International School

CAMANA BAY

Today, more than 700,000 square feet of built space and over a million square feet of developed grounds.

CAMANA BAY INVESTMENT TO

DATE & PROPOSED FUTURE

INVESTMENT

18 Forum Lane – the Caribbean’s first LEED® Gold

certified commercial office building

Scotiabank opens a digital branch located on the corner

of Market Street and Forum Lane

Foster’s Food Fair is scheduled to open its 60,000-square-foot Camana

Bay location in November 2019.

Investing in world-class educational amenities at Cayman International School is the basis of the long-

running partnership between the International School Services and the KBD Foundation Ltd.

Dart, in partnership with International Schools Services, is planning a US$60 million expansion of Cayman

International School that will almost double its current size and student capacity.

Its enrollment of 630 students represents growth of over 300% in 11 years. After the expansion is complete, the

school will be able to accommodate approximately 1,070 students.

Camana Bay’s first for-sale residential property launching in November.

CAMANA BAY: THE NEXT 10 YEARS

HOSPITALITY

IHG/Kimpton luxury flagship; AAA Five Diamond, Virtuoso Best Newcomer

The Residences at Seafire

The Ritz-Carlton, Grand Cayman

Seven South – The Caribbean’s largest and most expensive suite

THANK YOU