At the “Foro de Cancun 2015”, Belize and Mexico signed a Memorandum of Understanding (MOU) to establish stronger business relations between both countries.
The Hon. Erwin Contreras, Minister of Trade, Investment Promotion, Private Sector Development and Consumer Protection signed on behalf of Belize while Mr Francisco N. González Díaz, Director General of ProMéxico, signed on behalf of Mexico. The signing was witnessed by Quintana Roo’s Governor, Roberto Borge Angulo.
Francisco N. González Díaz, Director General of ProMéxico and Hon. Erwin Contreras , Minister of Trade
“The signing of the MOU is a very significant milestone in BELTRAIDE’s BelizeINVEST Unit’s young existence! We have now been able to formalize an MOU with PROMEXICO, one of the foremost leaders in the field of global investment promotion,” said Mr. Nick Ruiz, General Manager of BELTRAIDE’s Trade and Investment Development Division. He added: “We have been working on this since late 2012; now we can proudly claim that our international network includes a partnership with PROMEXICO, a relationship which we will leverage to increase capacity here at home.”
As part of the MOU, both BELRAIDE and ProMexico will exchange information investment policies , opportunities and business data on Belize and Mexico. Both parties have collaborated to improve the investment climate of their respective countries and the effectiveness of their organizations by encouraging the exchange of training opportunities in the fields of exports and investment promotion facilitation and aftercare as well as through joint efforts in best practices.
For further information, please contact the Marketing and Information Unit of BELTRAIDE at 223-0322.
The Belize Invest arm of BELTRAIDE, represented by Mr. Brian Lin, Manager of Investment Genegration, BELTRAIDE, participated in the Caribbean Investment Summit in London, United Kingdom on September 10, 2015 hosted by the Caribbean Association of Investment Promotion Agencies (CAIPA).
The summit forms part of a larger project developed by CAIPA to promote investment opportunities in the Caribbean to potential investors in Europe. BelizeInvest highlighted a list of upcoming projects that were selected based on a criteria suggested by CAIPA. The projects include:
* GSR Energy Ltd. : Bio ethanol plant and co-generation facility
* Orchid Bay Belize : Commercial residential and resort development
* Mel Ltd. : Development of an international airport in Placencia
Following the summit, a survey was conducted to evaluate BelizeInvest’s service during the summit. The table below highlights the feedback:
|Indicator’s Assessed||Rating( with 5 being the best)|
|Support and Facilitation||5|
|Overall service and experience||5|
|Testimonial attesting to
BelizeINVEST’s service delivery:
Brian Lin (right) , Manager of Investment Generation, Beltraide
On September 17, 2015, the Belize Trade and Investment Development Service (BELTRAIDE), in collaboration with the University of Belize held the ground breaking ceremony for the construction of a new facility: Belize Enterprise and Innovation Institute (BEI2).
The building will be located on University of Belize’s Faculty of Management and Social Sciences campus in Belize City and will house two of BELTRAIDE’s technical units: SBDC Belize an Export Belize. It is designed to nurture entrepreneurship and innovation and strengthen Belize’s enterprise competitiveness.
The building will accommodate a series of meeting rooms, small business incubators as well as a resource centre. The BEI2 is the first government facility to incorporate both Green and SMART technologies which will be beneficial in promoting environmental conservation as well as encouraging the use of modern technologies to facilitate enterprise and innovation.
At the launch a memorandum of Understanding was signed between BELTRAIDE and the University of Belize as a symbol of an extended partnership. Signing on behalf of UB was Chairman of the Board of Trustees, Harrison Pilgrim and on behalf of BELTRAIDE was CEO in the Ministry of Trade, Investment Promotion, Private Sector Development and Consumer Protection, Michael Singh, other signatories included: Leija Melanie Gideon, Manager of Enterprise and Innovation, BELTRAIDE and President of UB, Alan Slusher.
The facility is being designed by Hilberto Riverol Jr.
BELTRAIDE wants to sincerely thank the US Mission to the OAS, the OAS and University of Texas at San Antonio for all their kind assistance and guidance over the last three years. Without their assistance, BELTRAIDE would not be able to achieve all its successes under its SBDCBelize and EXPORTBelize and have this very notable milestone of BEI2 groundbreaking.”
August 13, 2015 – Belmopan, Belize. The shrimp industry in Belize is this week more certain of the way forward to addressing some of its challenges and how the Belize Bureau of Standards (BBS) can help producers, processers and distributors improve quality and possibly increase exports.
This follows an intensive three-day CALIDENA Diagnostic workshop that was the result of collaboration on the shrimp industry between the BBS, its regional umbrella body – the CARICOM Regional Organisation for Standards and Quality (CROSQ) and funders, the International Technical Cooperation Department of the German Metrology Institute (PTB).
The CALIDENA methodology under the CROSQ-implemented and PTB-funded project – Establishment of a Demand-Oriented and Regionally Harmonized Quality Infrastructure in the Caribbean (RQI 4), has been focussed on improving the quality infrastructure in agriculture-related value chains among the CROSQ Member States. The term “value chain” is based on the concept that the value of a product is created at various stages in production, and looks at all the steps from creation to market, as well as the relationships behind the companies involved in developing the product.
Belize is one of four countries in the second round of the RQI4 project to be chosen for the strengthening of a value chain, and the country chose its shrimp industry.
The workshop ran from August 5 – 7, 2015, at the George Price Centre in Belmopan, and concluded with a trip to the Belize Agriculture Limited (BAL) shrimp processing plant in Placencia, in the south of Belize. Approximately 20 participants spent the first day of the workshop learning about quality infrastructure and the history of the shrimp industry, conducting analyses of the state of the industry. The second day examined the legislations and regulations central to the shrimp value chain’s operation in Belize, regionally and internationally, while the third day examined a real operation and a GAP analysis of the industry, with a committee being formed to spearhead actions to closing the gaps and correcting the deficiencies found.
By the end, the group had identified challenges pertaining to technical regulations and inspection; standards and certification; laboratory and accreditation services; and metrology and calibration services. Among the needs found in technical regulations and inspection were – inspection services; standards and certification recommended frequent monitoring by a certification body, training in quality systems; in laboratory and accreditation services – an accredited laboratory facility, communication with and among stakeholders, particularly the Belize Agricultural Health Authority (BAHA) and the BBS, training of auditors, and they wanted services in temperature and the calibration of scales as well as accreditation of calibration services to help facilitation of trade in the metrology and calibration area.
These and other needs were outlined in the action plan that is devised at the end of such CALIDENA diagnostics, and in addition to identifying persons to sit on the implementation committee, they also determined why these were the challenges they found with QI services, how these challenges could be addressed and by whom, along with timelines.
The committee is now set to meet before the end of the month to begin plotting how it will implement some of the actions decided on during the Diagnostic workshop.
Director of the BBS, Mr. Jose Trejo expressed thanks for the intervention into the shrimp value chain and noted that the bureau was excited and looking forward to the implementation process of the actions decided.
President of the Belize Shrimp Growers Association, Mr. Alvin Henderson said, “I think (the CALIDENA) has brought a lot of clarity to something that is increasingly urgent for us as a country. About two months ago I raised the issue with BAHA about the need for us to have an accredited lab, and it is moreso urgent now.”
For further information, please contact:
Ms. Latoya Burnham
Technical Officer, Communication & Information
CARICOM Regional Organisation for Standards and Quality (CROSQ)
Tel: 246-62-CROSQ (27670)