In his own words, Commerce and Employment minister Kevin Stewart outlines his vision to make Guernsey a technologically advanced jurisdiction.
In his own words, Commerce and Employment minister Kevin Stewart, pictured, outlines his vision to make Guernsey a technologically advanced jurisdiction.
‘Guernsey faces huge economic challenges brought about by events in 2008 and the subsequent pressure on tax and regulation.
Even if we keep most of our finance sector, those skills, specialisation and innovation it is my belief there will be less employment in that sector overall.
‘There is no dispute that we need low footprint, high-revenue industries and the creative and ICT sectors could deliver this and would have access to Global markets.
‘Ultrafast and resilient internet connectivity is just part of the solution – Guernsey needs to gain a reputation as a highly technologically advanced jurisdiction.
‘We need to be in the same league as Singapore, Hong Kong, South Korea and Estonia. In short, be known for something other than a ‘tax haven’.
‘We have already fallen a long way behind in the last few years with our broadband speeds now benchmarking us at 138th in the world, in the same class as Greece, Mauritania and Bhutan.
‘We have no e-government policy and our States ICT capacity is woefully inadequate at present. It suffers from not only lack of capacity and past investment, but also a lack of vision and leadership. ‘This is evidenced by the difficulties encountered by SAP and also a significant part of Education’s IT problems are not just bandwidth, but also internal IT infrastructure.