## The locations 

The Cayman Islands is situated in the Caribbean Sea, 480 miles south of Miami, and is made up of three islands: Cayman Brac, Little Cayman and the largest Grand Cayman, where the capital George Town is located. The population of the Cayman Islands is approximately 45,000, comprising a balanced mixture of residents and expatriates. 

A British Overseas Territory, the Cayman Islands is one of the world’s leading offshore financial centres. With a tropical climate averaging 80 degrees year round, it is no surprise that Cayman’s other major industry is tourism. Last year over 1.4 million visitors were attracted to the Islands. 

Ambergris Caye, population approximately 2000, represents the largest island in Belize and the main spot for travellers to this Caribbean nation. The island is located 36 miles north of Belize City and is serviced by regular twenty minute flights from the capital. In the last few decades the incredible scenery of Ambergris Caye has led to a large growth in both the Belize dive and scuba trade, and ecotourism. 

Bimini is the closest Bahamian island to the United States, only 48 miles east of Miami. Bimini is actually two separate islands, North and South Bimini, separated by a shallow, narrow channel. The islands are renowned for their excellent fishing and diving. 

Operations on Ambergris Caye started on July 21st 2000 after the acquisition of Seatec Belize Limited. 

## The Company 

Cayman Water was established in 1973 and has grown at the same fast pace as development on Grand Cayman. In December 1998, Cayman Water changed its name to Consolidated Water but still continues to trade as Cayman Water in the Cayman Islands. 

The Company serves both the major residential area of West Bay and the prime tourist area of Seven Mile Beach, which includes most of the Island’s hotels, condominiums and restaurants, as well as the Cayman Island’s only 18 hole USGA championship golf course. 

A retrofit to the energy recovery system at the Company’s West Bay production facility was completed recently. This has resulted in a 42% increase in water production capacity, and a 25% reduction in energy consumption by this leading-edge energy efficient seawater reverse osmosis plant. The Company also added a third one million gallon storage tank at West Bay, and is expanding its Governors Harbour plant’s production capacity by 10% to meet increased demand for water. 

In July 2000 Consolidated Water acquired Seatec Belize Limited. The name of the company was subsequently 

