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Ministry Launches "InvestCayman"

Government 17 Sep, 2021 Follow News

Ministry Launches "InvestCayman"

The Ministry of Investment, Innovation and Social Development is pleased to announce the launch of a new department: InvestCayman.

InvestCayman will serve as a global facing entity, an investment promotion agency with an ambitious program of work dedicated to attracting investment that aligns with Government’s priorities. It will work collaboratively across Government and with a variety of private and civic sector entities in the Cayman Islands who are trusted partners.

The Hon. Minister André Ebanks launched the “Introduction to InvestCayman” at a local stakeholder event held on the evening of Wednesday, 15 September, 2021 at the Westin Grand Cayman Seven Mile Beach Resort and Spa.
“Investment is the backbone of economic growth, and must underpin Government’s efforts to diversify the economy. Targeted and strategic inward investment will be the catalyst for developing human capital, creating purposeful and sustainable development, building resilience, and supporting sustainability for the people of the Cayman Islands, and for the future,” said the Minister about the launch of InvestCayman.
Minister Ebanks continued, “Attracting inward investment and bringing it to fruition in the Cayman Islands is one of the core functions of the Ministry of Investment, Innovation and Social Development. Within the Ministry, that work will be carried out by the new entity called InvestCayman, especially by supporting the ease of doing business with the Cayman Islands Government and within the Cayman Islands’ economy.”

He added, “An array of compelling attributes distinguish and define our jurisdiction, including our legal institutions and good governance, our Constitutional link to the United Kingdom, our diversity and our caring community. Within that context, InvestCayman will elevate the Cayman Islands by promoting the wide variety of opportunities that exist here – among them technology, education, infrastructure and energy transformation.”

Jane Scaletta, Director of InvestCayman, remarked:
“I am delighted to embark on this new journey as Director of InvestCayman, to represent the Cayman Islands, tell our story to the world, and develop new opportunities that will have a synergistic impact on the country and our people. With a particular passion for sustainability initiatives, I look forward to working with fellow Civil Servants and building relationships with our trusted partners to ‘futureproof’ the Cayman Islands through sustainable investments.”

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