Expanding the Belt and Road through the Cayman Islands and the
BVI
With reportedly over US$3.87 trillion in projects underway, the
footprint of the Belt and Road Initiative ("B&R") not
surprisingly includes structuring projects using offshore
jurisdictions such as the British Virgin Islands ("BVI"),
the Cayman Islands ("Cayman"), Ireland, Luxembourg and
Jersey, all of which are leading offshore and midshore
jurisdictions, respectively.
The role, in particular, that Cayman and the BVI has played in
the B&R is simply an extension of the dominant role that Cayman
and BVI structures presently play in the China growth story.
In Asia, at the forefront of B&R activity have been projects
in the Greater Bay area - Guangdong-Hong Kong-Macau Bay Area - Hong
Kong SAR, the Macau SAR, Guangzhou, Shenzhen, Huizhou, Zhongshan,
Dongguan, Zhuhai, Foshan, Jiangmen and Zhaoqing. There have been
many projects in the Greater Bay area delivering significant
outcomes for policymakers
