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Duty concessions extension on building materials praised

With government’s recent announcement on extending the duty concession for building materials here in Cayman, small business owners are calling it a boost for the entire construction industry.

The government said there will be no duty in the sister islands to bring in materials until the end of 2020 and said there will be a 15% duty on building materials imported into Grand Cayman until next year December.

Manager of R&R Construction Rupert Hunt said furthering the duty on construction materials gives him more scope to hire workers.

“It helps me to hire more workers both foreigners and Caymanians and also to give them a better pay and also to give to the persons who are building homes a better price,” Mr. Hunt said.

Cayman 27’s Mario Grey has more.

About the author

Mario Grey

Mario Grey

Mario Grey's passion for journalism has been long intertwined with his love of people and culture from his days as a youth growing up in the Cayman Islands. He captained his debate team whilst at John Gray High School and graduated as Head Prefect. He also worked at KVHU FM in Searcy, Arkansas, United States and worked and interned for Radio Cayman News before graduating from the University Of Arkansas at Little Rock in May 2015.

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