Ponta do Sol, Madeira Ponta do Sol, Madeira Ponta do Sol (, ) is a municipality in the southwestern coast of the island of Madeira, in the archipelago of Madeira. The population in 2011 was 8,862, in an area of 46.19 km². The settlement of Ponta do Sol began shortly after the discovery of the island of Madeira, around 1420. Ponta do Sol is located between Ribeira-Brava and Calheta, on the southwest coast of Madeira, linked to Funchal (the capital) and surrounding communities by the main regional road. The municipality is crossed by a few pedestrian hiking trails, that usually follow the "levadas" ()
Economy of the Cayman Islands Economy of the Cayman Islands The economy of the Cayman Islands, a British overseas territory located in the western Caribbean Sea, is mainly fueled by the tourism sector and by the financial services sector, together representing 50–60 percent of the country's gross domestic product (GDP). The Cayman Islands Investment Bureau, a government agency, has been established with the mandate of promoting investment and economic development in the territory. The emergence of what are now considered the Cayman Islands' "twin pillars of economic development" (tourism and international finance) started in the 1950s with the introduction of modern transportation and telecommunications. From