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Bermuda Opens New E-commerce Centre

Tax-news.com

19 December 1999


Bermuda has opened its first e-commerce centre. The multi-million-dollar TeleBermuda International (TBI) Centre was officially opened by Bermuda Telecommunications Minister Renee Webb last week, and is expected to provide a significant boost to Bermuda's quest to become a major offshore e-commerce player.

The TBI e-commerce centre will provide secure website hosting services for companies wanting to conduct e-commerce from Bermuda. The TBI centre will be manned 24 hours a day, seven days a week and features state of the art security based on global industry standards.

TBI general manager James Fitzgerald said the Centre would attract 'major new business' for Bermuda. "You needed a secure facility, you needed state of the art, you needed power, you needed skilled technicians and you needed a willing economic and legislative assembly in order to make that happen - and we have that here in Bermuda," Mr Fitzgerald said.

At the Centre opening, Telecommunications Minister Renee Webb expressed her Government's support for the Centre and re-stated their commitment to bringing e-commerce business to Bermuda. "E-commerce will benefit all of Bermuda," Ms Webb said, "not just the economy but of course Bermudians, which is very important not only from an entrepreneurial standpoint, but also ensuring our Bermudian people are up to scratch and that they understand what technology means and understand what e-commerce will mean to Bermuda. We want all our people to benefit from the advent of e-commerce to Bermuda."

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