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Cayman Islands: Special economic zone strengthens the national economy

Cayman Enterprise City (CEC), which operates the only special economic zone in the Cayman Islands, announced during the Innovation Summit at Tech Futures Week 2026 that the number of companies in the zone has reached 500, operating in knowledge and technology sectors.

CEC chief executive Charlie Kirkconnell said these companies within the special economic zone in the Cayman Islands bring investment, expertise, jobs and international connections, while the Premier and Minister for Financial Services and Commerce, André M. Ebanks, saw the milestone as proof of the country’s ability to attract talent and international capital and build an innovation-led economy.

According to the report, the zone’s economic impact reached US$152.3 million in 2025 (more than US$417,000 a day), alongside US$51.6 million in salary-related local spending. CEC also did business with 164 local companies worth US$10.7 million across sectors including professional services, banking, insurance, real estate, transport, logistics, media, and food and beverage.

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