Sunday, April 14, 2024

IDB provides US$540,000 Grant to Belize for George Price Highway Project Preparation Studies

Share

The Inter-American Development Bank (IDB) and the Government of Belize today signed a grant agreement for US$540,000 to support the preparation of feasibility studies and social and environmental assessments for the rehabilitation of 32 miles of the George Price Highway between Belmopan and Benque Viejo del Carmen.
IMG_9065The agreement was signed in Belize City by Prime Minister Dean Barrow and Gina Montiel, Manager of the IDB’s Country Department for Central America, Mexico, Panama, and the Dominican Republic.
“We are pleased to support Belize in its efforts to expand and rehabilitate its road network, which is so crucial to the country’s development”, said Gina Montiel. The grant will support the preparation of an investment program to finance the infrastructure works needed to upgrade and absorb growing traffic volumes on the highway.

Transport is one of the four priority areas of the IDB’s new country strategy with Belize, approved in December. The other areas are education, tourism, and trade and tax policy.
The Bank will focus its support in the transport sector on the rehabilitation of roads that foster trade and integration and improved access to major tourism sites in the country. The IDB is also supporting the development of a national transportation master plan to address existing bottlenecks in the country’s roads, ports, air travel and transit systems and prioritize actions for improving the transport system as a whole.
Ms. Montiel is visiting Belize to hold discussions with the government on the Bank’s 2014 and 2015 program with Belize.

Read more

 

Please help support Local Journalism in Belize

For the first time in the history of the island's community newspaper, The San Pedro Sun is appealing to their thousands of readers to help support the paper during the COVID-19 pandemic. Since 1991 we have tirelessly provided vital local and national news. Now, more than ever, our community depends on us for trustworthy reporting, but our hard work comes with a cost. We need your support to keep delivering the news you rely on each and every day. Every reader contribution, however big or small, is so valuable. Please support us by making a contribution.

Local News