Cayman Islands

Cayman Islands

Cayman Islands

A British Overseas Territory located south of Cuba and east of Jamaica, the Cayman Islands consists of three islands: Grand Cayman, Little Cayman and Cayman Brac. These cover a total surface area of 259 km² with a population of 55 456. The capital is George Town (on the island of Grand Cayman). Tourism and the financial sector are the pillars of the economy.

The Cayman Islands are not eligible for a territorial allocation under the European Development Fund (EDF). However, the country is a beneficiary of the EDF-OCT Caribbean regional envelope of €40 million, which will focus on developing sustainable energy and marine biodiversity in the Caribbean. Bonaire is also one of the beneficiaries of a €15 million programme under the 10th EDF regional envelope for the Caribbean OCTs which focuses on stimulating the growth of Small and Medium Enterprises (SMEs). The programme is enhancing economic competitiveness and lessening social, economic and environmental vulnerabilities.