What’s Next for the Waterloo Project?

Luis Prieto y Munoz

The state of play concerning the various cruise development projects remains dynamic.  During our time with Waterloo’s consultants, we asked about a proposed next step should government decide that it will give the Port of Belize Expansion Project a stamp of approval.

Isani Cayetano

“You’ve had two attempts at getting NEAC’s approval to proceed with the Waterloo Project and on both instances they’ve been turned down.  Given the existing state of play, if there was any change of mind or change of thought from government’s perspective, what are the remaining requirements for Waterloo to present to get a green light from NEAC or from government?”

Luis Prieto y Munoz, Piedroba Consulting Group

“So from a production standpoint, I mean, nothing.  This is two EIA’s worth of effort and we submitted it twice, the second time on the guidance of the government.  We were told, look, you know, the first time around we perceived some things, if you guys changed some things we will expedite the process and you shouldn’t have an issue.  We went through the second terms of reference and of course, the terms of reference define what they need to see in order for the project to be approved.  That’s the area of study that they are prescribing to say if you do this and if you convince us that these things are appropriate then you will continue on to an approval.  So we did that twice.  We’ve produced everything we possibly could produce to obtain an approval.  The only thing that goes beyond here is the ECP and terms of the ECP, as was discussed earlier, the remaining regulatory approvals that come with that.”