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Bowen and Bowen inaugurates state of the art bottling line facility


 

A new multi-million, state of the art soft drink bottling facility was inaugurated on Tuesday, 13th January by Bowen & Bowen Ltd as part of the company’s efforts to increase its competitive edge to secure its fair share of the local market, which in recent years has been flooded by an expanding number of imported brands.

The beverage market in Belize is becoming more competitive with products now being imported from Mexico, Central America and the Caribbean.

To maintain its market share, Bowen and Bowen Ltd decided to upgrade its soft drink manufacturing and beer fermentation and bottling capacity at its facilities in Ladyville. This investment is mainly in the form of new bottling equipment in line with the requirements that the international holders (Coca Cola, Fanta and Guinness) are demanding.

 

The project will cost approximately Bz 79 million and will be implemented in three main phases over a period five years  with the soft drink bottling facility being on the top list.

B & B employee at the switch - Copy

According to Michael Bowen, President and CEO of Bowen and Bowen, the new facility is valued at  approximately Bz $40 million and can process 22,000 bottles per hour.

Bowen and Bowen is  the producer of Lighthouse Lager, Belikin Beer and Stout, Belikin Premium, Guinness Stout, Coca Cola, Sprite, Fanta, Crystal Water and Crystal Fruit Beverage.

At the inauguration ceremony, Prime Minister Dean Barrow said the investment was emblematic of the company’s commitment to producing the finest products for the local market and the creation of jobs for Belizeans. He offered his congratulations to the management of Bowen and Bowen Ltd and reiterated his Government’s unwavering support for the project.

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Hon. Dean Barrow

 

Under the Government of Belize’s Fiscal Incentive Programme, the Bowen and Bowen expansion project was granted a development concession, which is being administered by the  Aftercare Unit of the Belize Investment Development Service (BELTRAIDE), to assist the company to increase the feasibility for the  full implementation of its expansion plan.

BELTRAIDE’s mission is to enhance Belize’s prosperity by fostering investment confidence, entrepreneurship, business growth and innovation. In addition to its main functions, BELTRAIDE also operates the Small Business Development Centre (SBDCBelize) and the Belize Training Employment Centre (BTEC), which are based in Belize City.

Since its establishment in 2011 over 8,000 local and international businesses have benefited from BELTRAIDE services.

 

 

 

The inaugural ceremony was attended by over 2,000 company employees, government officials, members of the House of Representatives  and Ministers of Government,  including Hon Tracy Taegar, Minister of State in the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce. Minister Taegar is also the Minister responsible for Beltraide.

Members of cabinet
(L-R) Hon. Tracy Taegar- Panton, Hon. Beverly Castillo, Hon. Godwin Hulse, Hon. Anthony Martinez, Hon. Michael Finnegan 

 

 

 


Invitation Final Working Session of BMTA

Micro-Enterprise Utility Start-Up Package – “An immediate relief measure for entrepreneurs and new starts-up”


The Belize Trade and Investment Development Service (BELTRAIDE) is pleased to announce the “Micro-Enterprise Utility Start-up Package” for the promotion, strengthening and support of the newly registered Micro Enterprise (ME). Micro Enterprise is defined as a business with:

a) less than 5 employees; or

b) less than $100,000 in annual sales; and

c) less than $50,000 in capital investment.

With the support of the Government of Belize, through its Office of Public-Private Dialogue, BELTRAIDE had partnered with the Belize Telemedia Ltd (BTL), Belize Water Services Ltd. (BWSL,) and Belize Electricity Ltd. (BEL) to make this initiative possible. These three key utility service providers will be offering attractive packages for new starts-up businesses. The packages will waive connection fees and deposits for these three utilities.

Continue reading “Micro-Enterprise Utility Start-Up Package – “An immediate relief measure for entrepreneurs and new starts-up””

SMALL BUSINESS DEVELOPMENT CENTER- WHO WE ARE, WHAT WE DO, HOW IT’S BENEFICIAL TO YOU!!


Jules and Omar working togetherIn Belize, the small business community, known as MSME-(Micro, Small, and Medium enterprises) is a vital sector for economic development. It is estimated that MSMEs account for over 70% of main export crops and an even higher percentage of domestic food crops.  It is within this spectrum that the Government of Belize has strengthened its focus on supporting the development of the MSME Sector.

How is the SBDC beneficial to you?

The provision of long term one-on-one assistance to SBDC clients is of priority to us.   You can receive assistance from a counselor at any point in your business operation.  The technical trainings and advisory services provide YOU, our valued SBDC client, with technical information at workshops, and ensured implementation through personal follow up advice from a counselor to answer any questions.

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Regional Export Competiveness Workshop


Trade representatives in the region gathered in Barbados from 16-18 October, 2012 to discuss Export Competitiveness: Strategies for the Caribbean Region. The objective of this workshop was to share country experiences in implementing export competitiveness strategies with a view to addressing common and individual country obstacles and to explore new approaches to export competitiveness. These are all strategies necessary to meet emerging challenges in today’s global marketplace. Continue reading “Regional Export Competiveness Workshop”

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