Prime Minister Denies Favoritism towards Ports in Definitive Agreement

Prime Minister Denies Favoritism towards Ports in Definitive Agreement

Contrary to several reports, Prime Minister Briceno says he is not favoring any port over another.  He explained that with Stake Bank, he had given a lot of support to the project which he will not detail.

Hon. John Briceño, Prime Minister of Belize: “Always do what is in the best interest of Belize. We’ve always supported and that’s the whole unfortunate or perhaps the irony of this is that we have supported Michael Feinstein every step of the way. I don’t want to say all I have done for him as Prime Minister but he knows it but his project is stalled. Waterloo we gave them an opportunity to go to the NEAC as I said to the main investor from Waterloo as long as you go through and you get your NEAC approval the government will support you. Portico for one reason or the other got approval from the NEAC now they’re working on their implementation plan but between working towards that implementation plan there are a number of things you have to do. You have to look for other investors. When they got Royal Caribbean and Boskalis two internationally recognized companies that they came to us and said we are prepared to invest. The people from Royal Caribbean, the Vice President two of the vice presidents I met with them personally in my office here in Belize City and they said we’re in, we think this is the best place because they believed it would minimize whatever changes or damages you have to the environment because whenever you do any construction there is damage positive or negative and they believed it was the best spot and that’s why they said they wanted to invest there. But because it’s such a large investment they said well we want to ensure that the National Assembly as should be done like with BSI and Stakebank and Harvest Caye and others they want to ensure that once that is passed they are prepared to come in. And so all we’re doing we’re just trying to facilitate a project that was started before our time.”

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