Friday, May 17, 2024

IPCU Hosts DPA Program Information Sharing Session with Stakeholders

Share

On December 5, 2023, the Office of the Prime Minister and the Ministry of Investment, through its Investment Policy and Compliance Unit (IPCU), hosted an information-sharing session with companies that are current beneficiaries under the Designated Processing Areas (DPA) incentive program.
The DPA program offers tax, duty, and other incentives to promote investment in Belize’s priority sectors: agro-processing, manufacturing, aquaculture, and global digital services, including business process outsourcing. There are currently 46 companies registered under the program. They employ 9,643 Belizeans and represent exports of approximately US$99 million of goods and services.
The initiative aims to clarify ministry policies being implemented to support business facilitation and economic growth and appraise DPA companies of new legislation and proposed amendments, which will provide additional opportunities under the program.
The second session is scheduled for December 7, 2023, at the University of Belize in Belmopan.
The IPCU will continue to support local and foreign investors through its investment policy and regulatory services. For more information about the incentive programs, please forward your request to [email protected].

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