Corozal Free Zone Access Road to be Upgraded
This morning in Corozal, a brief signing ceremony was held for the rehabilitation of the Santa Elena Access Road to the Corozal Free Trade Zone. The awarded contract is valued at a little under three million Belize dollars and represents a substantial investment in the community’s infrastructure. The project is being funded through a grant from the Central American Bank for Economic Integration (CABEI) and the Government of Belize. Present at today’s event were Chief Executive Officer, Doctor Osmond Martinez and Neri Ramirez of the Corozal Free Zone.
Osmond Martinez
Dr. Osmond Martinez, C.E.O., Ministry of Economic Development
“Here we are, after twenty-seven long months. It hasn’t been an easy task but this project is a testament of friendship, but it’s also a testament of being disciplined and persistent, that we saw an opportunity and we went after that opportunity. Now when we look at the project, the project in itself, the rehabilitation, the amount that will be done is approximately 1.5 kilometers of road, of which it came up to about two point nine million Belize dollars of which the Government of Belize will cover nine hundred thousand dollars for this project. So two point nine million in total.”
Neri Ramirez
Neri Ramirez, Corozal Free Zone
“We are celebrating the development and the opportunities that come along with development. We know that wherever a strategic road is laid, development closely follows. This project is a significant milestone that will no doubt have a profound impact on the Corozal Free Zone and its business and the country as a whole. The Corozal Free Zone has long been a vital hub for trade and commerce, not just for Belizeans, but also for the foreigners from all over the world. It has been instrumental in boosting economic growth and job opportunities for our people in the north. Many investors now view our country as home because the Corozal Free Zone has allowed them to prosper, invest and learn from our culture and traditions.”
