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PRESS RELEASE: Strengthening the Bilateral Trade and Investment Relationship between Belize and Florida


On March 3 – 4, 2020, the Belize Trade and Investment Development Service (BELTRAIDE), a statutory body under the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce of the Government of Belize (GOB), were hosted at a two (2) day outbound Belize Business Mission in Tallahassee, the capital city of the state of Florida in the U.S. Belize and the state of Florida have long maintained bilateral commercial relationships in areas of trade, investment and enterprise development. Apart from serving as the primary port and airlift gateway for Belizean exports and travelers into the U.S., many members of the Belizean diaspora also currently reside within the state presenting several opportunities for greater commercial, educational and other exchanges in development.  

For this reason, the mission was organized around the core objective of further assessing key points of partnership in trade and investment development with the state of Florida specifically, while promoting bilateral opportunities for market access and investment diversification. As a part of the visit, several meetings were held at the State Capitol with key members of the state’s legislature including members of the Senate and House of Representatives. The visit also included meetings with Florida’s Secretary of State, Laurel M. Lee, and Florida’s Lieutenant Governor, Jeanette Nuñez, in further discussing bilateral trade and investment engagements between Belize and the State of Florida. Furthermore, the mission included a meeting with Mr. Jamal Sowell, Secretary of Commerce and the CEO of Enterprise Florida, BELTRAIDE’s counterpart trade promotion and development agency.

The Belize delegation was led by Dr. Leroy Almendarez, Executive Director of BELTRAIDE and included Ms. Shahera McKoy, Manager of EXPORTBelize, and Mr. Hero Balani, Manager of BelizeINVEST Generation, units of BELTRAIDE. The mission was organized in collaboration with Mr. Michael D. Young, Executive Director of the Belize American Chamber of Commerce, as well as, Mr. Shawn Foster and Mr. Sam Wagoner of Sunrise Consulting Group in Florida. Several follow up actions are already underway including the potential organization of a follow-up mission from Florida to Belize from September 10 – 14, 2020.

BELTRAIDE meets with representatives from The State of Qatar to discuss new avenues for investment in Belize


Belize Trade and Investment Development Service (BELTRAIDE), represented by our Executive Director, Dr. Leroy Almendarez, met with Ms. Margaret Juan, Chargé d’affaires at the Embassy of Belize in El Salvador, Ms. Jenny G Iglesias Zablah and Sr. Tariq Othman Fakhroo, officials from The State of Qatar today to discuss the exploration of new investment avenues in Belize.

This meeting sought to identify key areas of business interest in Belize that would generate the most investment and also discussed the plan to have two investment missions between Belize and Qatar to propel this initiative.

BELTRAIDE continues to enhance Belize’s prosperity by fostering investor confidence, entrepreneurship,  business growth and innovation by enabling a dynamic and competitive business environment for Belize’s Socio-economic development.

REINTRODUCING BelizeINVEST


Invest in Belize - Your Natural Niche

BelizeINVEST is a Unit of the Belize Trade and Investment Development Service (BELTRAIDE), which is a statutory body of the Government of Belize under the Ministry with responsibility for Investment, Trade and Commerce. BelizeINVEST provides tailored services to local and foreign investors, as well as industry stakeholders with investment and economic development interests in Belize. Continue reading “REINTRODUCING BelizeINVEST”

BTEC Announces the Completion of its Wait Staff and Housekeeping Training Programmes


The Belize Training and Employment Centre (BTEC), a unit of the Belize Trade and Investment Development Service (BELTRAIDE), today, completes its Wait Staff and Housekeeping and Janitorial  Services Trainings which provided participants with skills to equip them for employment in the hospitality industry.

These three-week trainings were held simultaneously and covered soft skills, customer service as well as industry specific technical skills where trainees were taught the essentials of perfecting their trade.

Today, BTEC held a certificate ceremony to celebrate the outstanding accomplishments of the forty six successful participants.

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BTEC, and in extension, BELTRAIDE, continues to remain at the forefront of the dynamic market demands while fulfilling its purpose to reduce the barriers to gainful employment and remain committed to develop and sustain Belize’s quality workforce.

Belize Investment Portfolio Campaign to fast-track investment in Belize


The Belize Trade and Investment Development Service (BELTRAIDE), is pleased to announce the official launch the Belize Investment Portfolio Campaign on Friday, 25th November at the Radisson Fort George Hotel.

BELTRAIDE is able to present this historic campaign in support by its line ministry, the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce, as well by ConnectAmericas, of the Inter-American Development Bank (IDB), and the Caribbean Association of Investment Promotion Agencies, (CAIPA).

The countrywide campaign is expected to foster the development of a national portfolio to fast-track investment generation efforts, both local and foreign, through targeted matchmaking of pre-packaged investment concepts and projects.

Through the advancement of the campaign, BELTRAIDE, through its technical unit BelizeINVEST, mandated to serve as Belize’s National Investment Promotion Agency (IPA), expects to further substantiate selected investment concepts submitted by key public sector Government Ministries and stakeholders into actionable business cases aligned with national development priorities.

Additionally, the campaign strives to support qualified private sector investment projects seeking financing and / or investment partners by promoting and matchmaking these “shovel ready” business opportunities through various platforms regionally, inclusive of ConnectAmericas and CAIPA, key supporters and collaborators of this initiative in Belize.

 

The official launch of the Belize Investment Portfolio Campaign will be held on Friday, November 25th, 2016 at the Cahal Pech Room, Radisson Fort George Hotel and Marina, Belize City commencing at 9:00 am to 12:30 pm. For more information on the campaign kindly visit http://www.belizeinvest.org.bz/investmentportfolio or email investmentportfolio@belizeinvest.org.bz

The media is cordially invited to provide coverage of the event.

 

For more information, please feel free to contact:

Belize Trade and Investment Development Service (BELTRAIDE)

14 Orchid Garden St., City of Belmopan, Cayo District, Belize,

Email: beltraide@belizeinvest.org.bz

HARVEST CAYE: THE NEW TOURIST MECCA IN SOUTHERN BELIZE


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.largest-pool-in-central-america

 

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.

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Like Harvest Caye there are also other projects that are benefiting from the Government’s keen commitment to foster investment.

BELTRAIDE HANDS OVER NEW BUILDING TO UB


The Belize Trade and Investment Development Service (BELTRAIDE) , officially handed over a new security and maintenance facility to the University of Belize (U.B.).

Hon. Tracy Taegar-Panton, Minister of State in the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce with responsibility for BELTRAIDE, handed over the keys to the new building to Mr. Alan Slusher, President of the University of Belize  during a brief ceremony held this morning at the U.B.’s Faculty of Management and Social Sciences Campus in Belize City.

The L-Shaped building is approximately 2,000 sq. ft. and was built on a 36” x 14” reinforced concrete strip footing raised 24” above grade level with 6” reinforced core filled blocks. The walls comprise of 2” x 4” timber-frame cladded on the outside with construction latte paper and ¾” timber resembling plycem known  as cempestre plycem.  The inner walls are also timber-frame cladded with ½”drywall. The same applies for the ceiling. The roof comprise mainly of 2”x 6” rafters secured with hurricane clips and straps and cladded with red galvalume roofing.

The building is comprised of two sections – one for the U.B. Security Staff and the other for the U.B. Maintenance Department.  Each section comprises of an open office space, a private office and restrooms for each area.  The building is valued at approximately $60,000 Belize dollars and was built by Contractor Sergio Luna.

The facility is a part of a development agreement between BELTRAIDE and the University of Belize that was signed on September 17th, 2015 which entails the construction of the Belize Enterprise and Innovation Institute (BEI2), which will be located on the Faculty of Management and Social Sciences U.B. Belize City Campus. BEI2 will house two of BELTRAIDE’s technical units: SBDCBelize and EXPORTBelize and is designed to nurture entrepreneurship and innovation and strengthen Belize’s enterprise competitiveness.

The University of Belize and BELTRAIDE continues to foster a very productive and mutually beneficial relationship for the development of Belize!

 

 

 

 

 

Belize’s First Hilton World-Wide



Another success story for the BelizeINVEST team at BELTRAIDE today whose key objective is to  build relationships and maximize investment opportunities as Belize’s national investment promotion agency under the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce. The BelizeINVEST team was one of the driving forces behind the linkage of the Mahogany Bay Village to the Curio Collection by Hilton in San Pedro, Belize.

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Present at the announcement today was Hon. Tracy Taegar – Panton Minister of State in the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce with responsibility for BELTRAIDE. She hailed this as a proud moment for Belize and welcomed the new partners to Belize, the Hilton brand! She went on to congratulate all those who worked together to make this partnership possible and extended the commitment of both the Ministry of Tourism and Civil Aviation as well as the Ministry of Economic Development, Petroleum, Investment, Trade and Commerce to do all they can to support this investment and all new investments in Belize’s thriving Tourism industry!

Read more on Hilton’s official web page by clicking here!

 

 

The Cabinet Subcommittee on Investment visits with BNE!


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 investment@belizeinvest.org.bz or +501-822-3737 / 0175.

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