Belize’s natural resources, pro-business investment climate, democratic stability, and incentives have led to steady growth in Foreign Direct Investments (FDI). The Government of Belize’s (GOB) strategic commitment to support the sustainable development of its priority industries, such as, Agriculture, Fisheries & Aquaculture, Offshore Outsourcing, Sustainable Energy, Logistics & Light Manufacturing, and Tourism, has contributed to a 17% increase of FDI inflows in 2016, when compared to 2015. Continue reading “Belize, Your Natural Niche”
The Belize Trade and Investment Development Service (BELTRAIDE), under the auspices of the Ministry responsible for Investment, Trade and Commerce, is mandated to facilitate and promote investment in Belize. The massive investment happening at Harvest Caye in the southern part of the country is yet another vivid example of BELTRAIDE’s efforts to foster investments.
On Tuesday November 15, 2016 Belize Island Holdings Limited, a subsidiary of Norwegian Cruise Line Holdings Ltd, held a soft opening for its Eco/Adventure Cruise Port at Harvest Caye.
Harvest Caye sits a few miles south from the Placencia mainland and it takes only eighteen minutes to get there by boat. Upon arrival, the visitor cannot help but to enter into a state of wonderment as the vast beauty of the island unfolds.
Its turquoise water, sandy beach lined with beach beds, huge pier, and array of restaurants and bars, butterfly farm, nature trails, the welcome center, shopping centers, massive lighthouse tower used for zip lining, water sports facilities and its condescending giant pool all infuse the visitor’s amazement.
The Eco/Adventure Cruise Port will allow cruise line passengers to experience Belize at its finest on the island that has all the imaginable amenities to pamper the discerning tourist.
Harvest Caye is stunningly spectacular! But so is the continuous support the project received from the Government of Belize.
Like Harvest Caye there are also other projects that are benefiting from the Government’s keen commitment to foster investment.
The Cabinet Subcommittee on Investments (CSCI) visited Belize Natural Energy (BNE) along with the Belize Trade and Investment Development Service (BELTRAIDE) and the Belize Bureau of Standards (BBS) in exploring energy investment opportunities on May 6th, 2016. In attendance included the Chair of the Subcommittee, Hon. Tracy Taegar Panton, Minister of State in the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce along with Hon. Manuel Heredia, Minister of Tourism and Civil Aviation and Hon. Vanessa Retreage, Attorney General at the Attorney General’s Ministry. The BNE team provided the delegation with a very insightful tour of the facilities including the components on oil and gas.
The Cabinet Subcommittee on Investments (CSCI) is a ministerial committee that was established in early 2013 to review large scale investment projects and conduct assessments ensuring meaningful investments while maximizing benefits to the people and Government of Belize. BELTRAIDE serves as the secretariat. For further details on investment opportunities in Belize, feel free to contact BelizeINVEST, a unit of BELTRAIDE at firstname.lastname@example.org or +501-822-3737 / 0175.
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 223-0323