“
In Belize, business and nature meet, creating an
attractive, sustainable investment climate”.
This quote from the Investor’s Guide aptly describes
the environment in Belize.
Economic Geography
One of Belize’s best assets is its geography. An
English-speaking Commonwealth country it is located
on the Caribbean coast of Central America. North of
Belize is Mexico – less than 2 hours from Belize
City, the commercial capital, and less than an hour
and a half driving south from Belmopan you are on
the border with Guatemala. With a population of just
over 300,000 and land space of 8,876 square miles
(almost 23,000km) is one of the least densely
populated countries in the Americas.
Investment Opportunities
This is traditionally based on agriculture but
the recent focus of government has been on
developing agro-based value-added products.
• Citrus-based Production
Citrus has become the second most important
crop in the country after sugar. It received a
boost when a number of large-scale US investors
moved into the sub sector. Citrus and a range of
citrus-based products continue to do well in the
export market, backed by an active Citrus
Growers’ Association.
The Association is seeking
additional investments through the Investment
Forum to expand production.
• Livestock – Beef Production
Currently Belize cannot satisfy its markets
for beef.. The country has thousands of acres
suitable for cattle, first class breeds and
rearing techniques, sound management but little
by the way of capital to expand. It is therefore
promoting investments from the Caribbean,
Central America and elsewhere so that it can
meet its market commitments
The very dynamic Belize Livestock Association
has submitted a proposal requesting
Investors/Financiers for expanded beef
production.
• The Mennonites: Large-scale Exporters of
Beans and Rice
Belize is also home to large groups of
Mennonites, some of whom are the most efficient
Farmers in the Caribbean / Central America
region. The Mennonites, who first came to Belize
in 1958 now control the production of rice,
grains, poultry and dairy products in Belize and
export to Jamaica, Mexico and North America.
Bel-Car
Export and Import Company which exports a range
of beans to the Caribbean as well as North and
South America and Australia, is seeking
additional investment support through a bankable
project.
The Hillbank Mennonites, major producers of
rice for domestic and export markets, have also
submitted a project for discussion at the Forum.
Over the past 15 years Hillbank Agriculture
Company Limited has mastered the technical
aspects of rice production and thus increased
yields and the quality of rice significantly.
They are seeking medium-term financing for
expanding their production facilities and
reducing the risk to flooding by updating their
technology for drainage.