CEC pays for premier’s Vegas trip
Premier Alden McLaughlin (centre) participates in a panel discussion at IMPACT 14 in Las Vegas
(CNS Business): Cayman Enterprise City stumped up the cash to send Premier Alden McLaughlin to Las Vegas last month, hoping to win new business for Cayman at a three-day technology conference, officials said. The premier addressed an audience of more than 30 CEOs of technology brands, telling the positive story of the islands, and also participated in an international panel discussion, touting the Cayman Islands as a good business jurisdiction with a sophisticated IT structure.
“This trip gave us another opportunity to tell potential investors that we have a stable economic and political climate, tax neutrality, sound and reputable British legal framework, proximity to the United States, no foreign exchange controls, and a highly skilled business support environment consisting of world class accountants, law firms and banks,†he said.
IMPACT 14, hosted by the Internet Marketing Association, was held 24-26 September in Las Vegas, Nevada. Travelling with the premier was Senior Political Advisor Roy Tatum. The trip was fully sponsored by Cayman Enterprise City, which was represented by CEO Charlie Kirkconnell and Vice President of Marketing Hilary McKenzie-Cahill.
The delegation also met one-on-one with high level technology brands including Oracle, Microsoft, Google, Cisco and Adobe, a press release from the premier’s office stated.
Keynote speakers at the conference included Frank Holland, CVP of Advertising and Online of Microsoft; Bobby Baldwin, CEO of MGM City Centre/Chief Construction Officer of MGM Resorts International; Keven Akeroyd, GM and SCP of Oracle Marketing Cloud; Joe DeMike, Principle Marketing Consultant of Google Inc.; and Brian Wong, CEO of Kiip.
Category: ICT, Technology
The whole jurisdiction used to be a wonderful economic zone.
It should not have been necessary to create a zone within a zone where only newly arrived businesses can get an advantage over those that have been here for years.
Instead we ought to be looking hard at the anti-business policies that have caused our economy to plateau before we slip further down the slope to economic suicide.
We should re-open the doors to business people, get rid of the failed roll over policy (just like Bermuda did when they realized what a bad mistake it was), cut work permit fees for entrepreneurs regardless of where their offices may be and get rid of those who apply the labour laws against employers with such draconian glee, so that those same employers don’t have to think twice before employing Caymanians.