Final Draft of National Ports Policy To Be Taken to Cabinet

Prime Minister, John Briceño, says the Government of Belize will soon be taking the final draft of the National Ports Policy to Cabinet for approval. The Policy is geared at establishing a standard framework for port expansion and development in Belize. This policy is intended to guide Belize’s port sector for the next twenty years. PM Briceño, says this will assist stakeholders and GOB in deciding what is best for development within the sector.

John Briceno, Prime Minister of Belize: “No sane businessman will put money where there are two other big ports. So if the Port Magical were to start to build their own port I could guarantee you that Port of Belize they will not do it because they will say well the numbers are not there so they are going to fail, the investors would not go and the same thing applies to Stake Bank. So a part of it has to be where the private sector decides which way to go as opposed to the government deciding well oh this is the one that we want to build because should we do that then we are going to end up in court also. We need to follow the law. Once we follow the law of the land in Belize we are going to be fine.”