SIF Moving Forward with Dangriga Market

vlcsnap-2014-04-01-21h54m20s103The refurbishment and expansion of the Dangriga municipal market is back on track as SIF handed over the project site today to representatives of CB Construction of San Ignacio.

A new contract with respect to the Dangriga market was signed by SIF’s new Executive Director, William Lamb and representatives of CB Construction for the final contract price valued at $1,228,310.95.

The contract was signed after SIF had received No Objection from the World Bank and vlcsnap-2014-04-01-21h54m08s225Concurrence from the Contractor General.  The refurbished market is scheduled to be completed within six months.

The Dangriga Market Project, is considered one of the largest infrastructure projects under the Government’s $30 million Belize Municipal Development Project (BMDP), and is being implemented by the Project Implementation Unit (PIU) of BMDP under the umbrella of the Social Investment Fund. Its financing includes counterpart funding from the Dangriga Town Council and a World Bank loan

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