Belize and the Republic of China (Taiwan) have always enjoyed a resilient diplomatic relationship. Over the past years, Belize and Taiwan have engaged in exchange programs, signed bilateral agreements and offered each other technical assistance. This past weekend, the Belize Taiwan Chamber of Commerce under the presidency of Fred Shyu held a business forum. The aim was to attract business men and women to investors in Belize. Hipolito Novelo reports.
Fred Shyu, President of Belize Taiwan Chamber of Commerce: “We are so blessed today to have this forum with combined stakeholders of our business society coming together sharing with each other the experiences of doing business in Belize. So Belize da fi we country. Correct? Belize da fi we country.”
And our country is unique. It’s position in the western hemisphere makes it a gateway linking the Caribbean and Central America. Belize is part of several regional and international organizations. It is with this regard that the ambassador of the Republic of China Taiwan to Belize Charles Liu persuaded business people present that Belize is a great business investment, an investment that will be successful.
Charles Liu, Taiwanese Ambassador to Belize: “Belize presents many market opportunities. For example first Belize’s location offers some advantages linking with Central America the SICA and CARICOM countries and the easy air transportation to the states. Second, a large percentage of the Belizean population speaks English, Spanish or a combination of both. The third is agriculture and tourism especially the small and medium business present a great potential for future investors. This may be the reasons why so many of you, so many of us the members of the Taiwan Chamber of Commerce chose to stay and invest in Belize.”
To keep these investors here Minister of State responsible for investments trade and commerce Tracey Taegar- Panton expressed the government’s willingness to strengthen economic ties through the promotion of investment and facilitation of trade.
Tracy Taegar-Panton, Minister of State in the Ministry of Economic Development: “Over the past three years the Ministry along with BelTraide have provided an enabling environment for a number of small medium and large scale investments in our key priority sectors to bear fruit, ripe fruit if I may add- tourism, agriculture, agro processing, aquaculture and IT services. These investments have all benefited from either the fiscal incentive regime or the export processing zone regime made available by the Government of Belize to help businesses to do more effectively in a highly competitive environment.”
The Government of Belize also wants large scale infrastructural projects, ivestments in airport, sea port and cruise tourism docking facilities; efforts to find investors for this are being made. The government has also decided to streamline it’s investment facilitation process.
The Belize Tourism Board, BELTRAIDE and senior accountant Cedric Flowers made presentations to the guests.