The Cayman Islands Olympic Committee are set to move into a new headquarters ©CIOC

The Cayman Islands Olympic Committee (CIOC) are poised to move into a new headquarters by the end of the month.

Grants from the International Olympic Committee (IOC) and PanAmSports have enabled the organisation to purchase a new facility.

The building is located in the Cayman Business Park in Georgetown.

COIC President Donald McLean has claimed the Olympic House will help the organisation to run more effectively, with the permanent base also aiding national federations.

"We don't have to go around begging offices for a conference room when we need to have annual meetings or when we need to have training sessions," he told the Cayman Compass.

"It will just make us a better National Olympic Committee.

"We'll have a permanent home.

"We'll have a place where the national federations can have meetings.

"We can also do training programmes and anti-doping courses there."

The Cayman Islands have now appeared at 10 Summer Olympic Games ©Getty images
The Cayman Islands have now appeared at 10 Summer Olympic Games ©Getty images

It is claimed that the building cost $345,000 (£240,000/€280,000), while further funds are also being used to help renovate the headquarters prior to the move-in date.

The COIC has been led by McLean since 2005, with the organisation now having sent teams to 10 Summer Olympic Games, following Rio 2016.

They have also participated at the last two editions of the Winter Olympics but are not due to compete at Pyeongchang 2018.