Minister Responsible for Telecommunications:
HON ARDEN MC LEAN
Minister for Communication, Works & Infrastructure
Permanent Secretary: MR. CARSON EBANKS
Telecommunications Officer:
MR. MICHAEL KIRON
Telecommunications Officer
Contact Information:
Office of Telecommunications
P.O. Box 10002, APO
399 Owen Roberts Drive
Grand Cayman

Population: 45,436 (July 2006 est.)

Economy Overview

With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands’ food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.

GDP Per Capita

$43,800 (2004 est.)

Communications

Telephone Main Lines in use:38,000

Telephone Mobile Cellular: 17,000

Telephone System: General assessment: reasonably good system
domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services, international: country code – 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station – 1 Intelsat (Atlantic Ocean)

Radio Broadcast Stations: AM 1, FM 4, shortwave 0 (2004)

Television Broadcast Stations: 4 with cable system (2004)

Internet Country Code: .ky

Internet Hosts: 8,611 (2006)

Internet Users: 9, 909 (2003)