Project Finance Guide 2025: Cayman Islands

1. Project Finance Panorama

1.1 Sponsors and Lenders

As the Cayman Islands is typically used as a tax-neutral jurisdiction that is an eɉcient and neutral platform for sponsors and investors alike, a broad variety of participants in the international project Änance space can be found – from domestic construction companies and foreign international infrastructure companies on the sponsor side, to government-owned development banks, institutional lending banks, and private equity and hedge funds on the lender side.

1.2 Public-Private Partnership Transactions

Historically, soft-law guidelines from administrative authorities in the Cayman Islands were the main source of PPP regulation for local PPP projects. However, the introduction of a public procurement legal framework in 2018 has resulted in the Cayman Islands having one of the youngest PPP law and regulation models in the world. This framework has been used as the basis for assessing and regulating the