The former representative of the World Bank brings a unique perspective to the Company’s major trade and financial initiative in Curacao

 

New York, NY, October 12, 2017 – The C-MCC Development Group have announced that Oltmann Siemens, the eminent Jurist, Banker and Economic Counselor to many countries, has joined the company as Vice Chairman.

The C-MCC Development Group LLC, which is based in the U.S. and Curacao, has extensive experience in real estate development, technology, security and international commodities trading.  It is the holding company of the Curacao Multi-Commodities Centre Worldwide Free Trade Zone, the first of its kind in the Western hemisphere.  It will establish Curacao as a premier international trade development hub and gateway to the world’s markets.

In making the announcement today, George Kearns, Chairman and CEO of C-MCC said, Oltmann Siemens has helped shape today’s European business and financial interaction. “His achievements are inspiring and his interaction with governments and international business banking will add considerably to our endeavors to make Curacao the epicenter of trade and finance in this Hemisphere.”

“His experience over several years in working with a number of governments including that of the U.S., together with international business and financial leaders, will help C-MCC identify the opportunities which lie ahead.  He is a valuable asset to us in today’s volatile global economic environment.  We are privileged to have him join us.”

The Chairman’s comments were echoed by Dr. I. S. Steven Martina, Curacao’s Minister of Economic Development, who said, Oltmann Siemens reputation precedes him. “My Government is intent on bringing international investment to Curacao, so for this and so many other reasons, we are delighted Oltmann has agreed to join the Board of C-MCC Development Group as its Vice Chairman. His unique worldwide perspective as a preeminent Jurist and International Banker, together with his interaction with world business leaders, will help accelerate the efforts of C-MCC and my government to place Curacao at the very forefront of regional trade and financial services.”

In thanking the Minister and Chairman, George Kearns, Mr. Siemens said, “I am honored to have this opportunity to play a strategic role within a thoroughly aware and forward looking company like the C-MCC.  We conduct our business in a world of seemingly instantaneous communication. The management of C-MCC, in their endeavors to create a dynamic all encompassing trade and distributive centre in Curacao, has embraced some of the most highly developed communications and trading tools to create an engine to provide a common regulatory global market and boost trade for the benefit of all.  I admire this greatly and I am so very pleased to join them in establishing Curacao as a premier financial centre in the Western Hemisphere - one that will revolutionalize business and economic growth in the region.  Again, I am so very pleased to join this group of dedicated business leaders.”

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         MINISTERIE VAN ECONOMISCHE ONTWIKKELING    Government of Curacao  

 CAH LOGO New     Curacao Airport Partners KPMG  UTS Group    SMART States  Dutch Caribbean Securities Exchange   

   VanEps Kunneman VanDoorne     Studio Acht Caribbean Architects

  

             Blue Nap Americas           Altitude Unlimited

 

 International Preparedness Associates

 

 

Original Terminal Building HATO International Airport

MPA

 

Curacao OTB Current

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

 

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

C-MCC Curacao Airport FTZ Site Elevations

 

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Sign Long Lease Agreement with Curaçao Airport Holdings establishing Curaçao as a New Gateway for International Commodities Trading

New York, NY, March 1, 2017 - A long-term lease agreement between CMCC Development Group, LLC (Development Group) and Curaçao Airport Holdings (CAH) was signed in Curaçao on Monday, February 13, 2017. The agreement provides 200 acres – 81 hectares - for development for the Curaçao-Multi Commodities Centre Worldwide (C-MCC) Free Trade Zone and provides for immediate commencement of operations in the Airport Terminal Building while development planning and construction is completed. The C-MCC will be the economic engine to spur development in Curaçao’s Airport City, stimulating trade in Central and South America. 

The Development Group is a US-based development company and the holding company for the C-MCC, with extensive experience in international real estate development, security, technology and international commodities trading.  Patterned after the successful Dubai Multi Commodities Centre (DMCC) and the Dubai International Financial Centre (DIFC) located in the United Arab Emirates (UAE), the C-MCC Worldwide Free Trade Zone will establish Curaçao as the Western Hemisphere’s hub for international commodities trading, serving North, Central and South America, Europe, the Middle East, North Africa and Asia. 

The C-MCC will integrate the proven business models of DMCC and DIFC, in Curaçao, utilizing many of the key executives responsible for the rapid growth of DMCC. Curaçao’s remarkable resources made it ideal for the C-MCC’s development, including a deep-water harbor and international airport, a burgeoning technology sector, and the country’s central location below the hurricane belt, which provides ideal access to the markets of the Americas.  The C-MCC Worldwide Free Trade Zone will be the newest hub for international commodities trading - both physical and electronic - in gold, diamonds, precious metals, precious stones and other commodities including oil, steel and coffee. 

Commenting on the project, Ian MacDonald, President of the CMCC Development Group, LLC and a former Executive Director of the DMCC in Dubai, said, “The vision to create free trade zones in an empty desert in Dubai was the catalyst in transforming the land into a thriving, robust modern economy with world class iconic buildings. During my tenure at DMCC we witnessed an influx of major global institutions and multinational corporations join the free trade zone.” Similarly, the aim of C-MCC Worldwide is to provide an ecosystem of physical, financial, technological and regulatory infrastructure to enable business, streamline trade and establish Curaçao as the Western Hemisphere’s premier international trading hub and gateway to the world, thereby playing a decisive role in the economic evolution of Central and South America. 

George Kearns, Chairman and CEO of the Development Group, added, “I am delighted with and have the highest confidence in the breadth and depth of the management team we have assembled. Their highly relevant experience, as with Ian MacDonald, is an exceptional resource for C-MCC and assures its future growth and success. As the first of its kind free trade zone in the Western Hemisphere, the team will drive the success of C-MCC Worldwide, supporting businesses and communities through this unique, centralized and proven value proposition.”

Organizations participating in the long term lease signing, in addition to the Development Group and Curaçao Airport Holdings (CAH), included the following: Curaçao Airport Partners (CAP); Office of the Minister of Economic Development: StudioAcht, Caribbean Architects B.V.; KPMG Dutch Caribbean Securities Exchange; SMART Congressional Initiative; Van Eps Kunneman/VanDoorne; International Preparedness Associates (IPA); Development: Blue Nap Americas (Tier 4 Network access point data center);  UTS.

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C-MCC Worldwide is a free trade zone initiative that will provide the infrastructure to facilitate physical commodities trading, as well as financial, technological and regulatory services through Curaçao.  It is the first free zone clustered commodities center of its kind in the western hemisphere, which will establish Curaçao as the premier international trading hub and gateway to the world. The establishment of the C-MCC in Curaçao will reduce political and economic risk, revolutionize the growth of trade, business and communities in many regions of the world. 

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Contact: Christina Sitlani, Director Marketing  C-MCC Worldwide T: (347) 529-9344,  e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Media: Victor Webb, Marston Webb International, T: (212) 684-6601, e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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