On April 5^th’s sitting of the Legislative Assembly, Dep. Premier, Hon Juliana O’Connor-Connolly said the government had agreed to lease the Craft Market (a parcel of crown land off Cardinal Avenue,  George Town) to local jewellery company, Magnum Jewelers, who will redevelop the site into a new market.

She said the site was in “dire need of renovation but government did not have the money to carry out the project.” As a result, proposals for the rejuvenation were invited via the Central Tenders Committee and Magnum Jewelers had been selected.

The Deputy premier said there would be benefits to George Town and the tourist sector.