Project to build a cruise tourism port at Stake Bank and North Drowned Caye receives environmental approval

The project to build a cruise tourism port at Stake Bank and North Drowned Caye recently received environmental approval and on Friday CEO in the Ministry of Trade and Development says barring a few more issues to work out a Memorandum of Understanding is on the way.

Michael Singh

vlcsnap-2013-10-15-14h18m20s201We’ve been looking very closely at the project; there have been some requests to Mr. Feinstein to make some adjustments.  I will tell you the particular adjustments have to do with his request to develop Drowned Caye as a commercial island, whereby you will have a tax free zone.  There is of course a lot of concern, by the domestic economy of Belize City, that that would take away a lot of the business.  So we’ve requested some adjustments that I believe he has agreed to.  I haven’t gotten a report out of the latest cabinet briefing on it so I don’t know exactly where they went to but I do know that he has removed some of the concerning issues and I believe that we should be moving forward to a MOU stage hopefully in the next week or two.”

vlcsnap-2013-10-15-14h18m45s212The Government remains committed to the best deal for Belize on the project, said Michael Singh.

Michael Singh

“Well it has been given positive direction by Cabinet at every meeting seeing that Belize wants the project.  NEAC has already approved the EIA; so,  yes I differ to what you say I think we have given a signal that it has gotten the green light.  However there are some issues that we need to resolve to make sure that the green light is in the best interest of all parties concerned.”

In related news, there is word that the Norwegian Cruise Lines project at Harvest Caye in the Stann Creek District could be using a special crane or forklift for work in the area. Mr Singh could not answer as to the truth of the story.

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