Creating Investment Opportunities for Belize
Recently, representatives from Belize and Quintana Roo, Mexico engaged in a three-day Investment Exchange Program. The aim was to create economic opportunities for both countries and assist Mexico with tapping into the CARICOM market. The exchange is a follow up to a summit that took place in Cancun.
Ishmael Quiroz, Executive Director, Economic Development Council
“It was very clear that there is high interest from Mexico in Belizean opportunities – opportunities arising from collaboration, from increasing trade and commerce with Mexico. So this investment exchange program is a follow up to that whereby the Secretaria de Desarrollo Economico de Quintana Roo invited a Belizean delegation to experience some of what Quintana Roo has to offer as a neighboring state both in terms of investment opportunities as well as opportunities for import and export, basically to increase trade between the two countries.”
Lincoln Blake
Lincoln Blake, Director, Investment Policy and Compliance Unit
“To find a way of how we could complement each other both in Belize and Quintana Roo to grow the industrial sector and the agro-productive sector and also the tourism sector in both countries. To be specific the industrial part in Quintana Roo sees an opportunity where they could use Belize to actually sell some of their products and some of their intermediate goods by finishing the product within Belize, value adding it and selling it to CARICOM and other countries which we have special trade agreements with.”
Ishmael Quiroz
Ishmael Quiroz
“When we talk about improving trade and commerce arrangements, increasing the volumes that go between countries and creating opportunities, attracting investments, it is at the end of the day job creation. For a long time it’s been said that we are the gateway to CARICOM and Mexico is definitely seeing the value in that. And so definitely it is something that we can look forward to as we proceed with different discussions and investment attraction efforts.”
