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Beltraide

Belize Trade and Investment Development service

In a Bold Move for the Environment, Belize Bans Single-Use Plastics


On January 14, 2020, Regulations aimed at phasing out single-use plastics in Belize were signed into law by the Minister of Agriculture, Fisheries, Forestry, the Environment, Sustainable Development and Immigration.

The decision to implement these measures to reduce plastic use and consumption was required in order to mitigate the harmful effects of pollution on the environment. It is important to note that these regulations underwent extensive consultation with stakeholders from both the public and private sector, and were tailored appropriately in the form of a necessary transitional process as seen below:

  1. Prohibit the importation of products listed in Schedule II three (3) months after the enactment date of this legislation;
  2. Prohibit the manufacture of products listed in Schedule II six (6) months after the enactment date of this legislation;
  3. Prohibit the sale of products listed in Schedule II nine (9) months after the enactment date of this legislation; and
  4. Prohibit the possession of products listed in Schedule II twelve (12) months after the enactment date of this legislation.

During consultations held with industry stakeholders, opportunities in the form of biodegradable plastic solutions were explored with the hope of implementing a more environmentally suitable alternative for the industry.

For additional information on biodegradable investment opportunities, kindly contact the Belize Trade and Investment Development Service (BELTRAIDE) via email at investment@belizeinvest.org.bz or at +501-822-3737.

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Government of Belize Launches the National Investment Policy and Strategy (NIPS)


The Government of Belize (GOB) through the Ministry responsible for Investment, Trade and Commerce, the Belize Trade and Investment Development Service (BELTRAIDE) and the CARICOM Development Fund (CDF) launched the Belize National Investment Policy and Strategy (NIPS) project on Monday December 2nd, 2019 at the Best Western Plus Belize Biltmore Plaza – Toucan Hall. Continue reading “Government of Belize Launches the National Investment Policy and Strategy (NIPS)”

Belize Participates in UNCTAD’s Regional Seminar on Facilitating Investment in the Sustainable Development Goals (SDGs)


The United Nations Conference on Trade and Development (UNCTAD) held the Regional Seminar for the Caribbean on ‘Facilitating Investment in Sustainable Development Goal (SDG) projects: Spotlight on Small Island Developing States (SIDS)’ on November 26 to 28, 2019. This three-day peer-to-peer networking, dialogue and capacity building event is being facilitated in conjunction with the Annual General Assembly of the Caribbean Association of Investment Promotion Agencies (CAIPA). The seminar, organized in partnership with CAIPA and the St. Kitts Investment Promotion Agency, aims to ensure the successful implementation of investment projects relating to the SDGs. Experts from UNCTAD, best practice investment promotion agencies (IPAs), the private sector and investment stakeholders have shared experiences and potential strategies on how countries, specifically SIDS including Belize, can continue to mainstream the global 2030 Development Agenda towards meeting SDG targets through investment. Continue reading “Belize Participates in UNCTAD’s Regional Seminar on Facilitating Investment in the Sustainable Development Goals (SDGs)”

The International Tourism and Investment Conference (ITIC) 2019


BelizeINVEST, a unit of BELTRAIDE, participated in the International Tourism and Investment Conference (ITIC) held from November 1 – 2, 2019 at the Intercontinental Park Lane in London. The Conference provided a platform to drive international awareness and investment into the tourism sector by bringing key decision makers from the public and private sector to share innovative insights on the countless opportunities that exist at each destination. Belize was an integral part of the panel discussion, which sought to showcase the competitive advantages and investment opportunities across the region. Additionally, the Conference also provided the opportunity for one on one networking sessions, where representatives from Belize met with viable investment interests.

The conference was organized by Daiichi Display Ltd., a London-based company which owns ITIC in facilitating challenging dialogue between tourism industry leaders and stakeholders on the sustainable development of tourism and travel in collaboration with governments, investors and project owners.  Representing BELTRAIDE was Mr. Gian Hernandez, Investment Associate, along with Mr. Sean Tang, Business Development Manager at the Belize Tourism Board (BTB).

23rd Annual President’s Week Asset Protection & Investment Conference Ambergris Caye, Belize


Nagel & Associates LLC in partnership with Caye International Bank Limited hosted over twenty regional potential investors, as part of President’s Week, to discuss matters relating to international business, finance and investment opportunities. The 23rd Annual President’s Week Asset Protection and Investment Conference is being held as of November 9th – 13th, 2019 in San Pedro Town, Ambergris Caye featuring key international and local speakers with expertise across various fields. The Belize Trade and Investment Development Service (BELTRAIDE) was represented by its sub-unit BelizeINVEST by Ms. Lianne Torres in presenting on investment opportunities in priority investment sectors, particularly the Tourism Sector in Belize.

 

Featured speakers included His Excellency Ambassador Joel Nagel, Founder & Managing Partner, Nagel & Associates LLC and Mr. Michael Cobb, CEO & Co-Founder ECI Development Limited, among others.

 

For further details on the event or investment opportunities in Belize, please contact BelizeINVEST, BELTRAIDE at investment@belizeinvest.org or call +501 822-3737.

 

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