Technology: A Key Business Driver

Cayman's mature information and communications technology infrastructure has been an important draw for businesses to domicile in this jurisdiction, as highly prized as its high regulatory standards and tax-neutral status.

There is a thriving ecosystem of information and communications technology in Cayman, all delivering a variety of ICT services to businesses that promise security, privacy and service-level guarantees. In particular, the island depends upon a first-class, dependable and secure fibre optic network, which has been vital to the success of the Cayman Islands.

In recent months, the telecoms industry has pledged to augment the already extensive fibre footprint in Cayman with new fibre installations around the island. By providing world-class services to the Cayman Islands, telecommunications improve along with entertainment services, while economic growth will also be fostered, which means that ultimately everyone in the community benefits.