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Apr 16, 2015

PM on Status of Tourism Developments

The government hasn’t been having much luck where mega-million dollar tourism investment in Belize is concerned. The interest is there, and perhaps so is the real intent, but the projects don’t seem to be able to get off the ground. Two of those grand-scale visions have been the Puerto Azul eight star resort complex and the Stake Bank Project. Both were heralded with much ado – but that’s about it. Today, the PM says that while one seems to be on hold, there may be some progress where the other is concerned.


Prime Minister Dean Barrow

“From the start I knew that there were some legal issues with the ownership of the property that the Puerto Azul people were trying to purchase but I haven’t had any recent or current information on how it’s all playing out. I really don’t know. The only thing I am aware of is the presentation made in Cannes. Since then I have heard nothing more and it is my sense that the project hasn’t been proceeding, but I really don’t know.”


Dean Barrow


“Along that vein, could I ask…I understand there have been some developments in the situation with the Fort Street tourism Village and the Stake Bank Project?”


Prime Minister Dean Barrow

“The development is that I’ve had a discussion with Mr. Feinstein, had a discussion with the fort Street tourism people, the two of them got together and so there is a little bit more clarity as to where we are if not necessarily as to the way forward. I am also trying to have a discussion with Carnival as the biggest player in the mix in terms of ships that they are responsible for that call at the Belize port. That last conversation has not yet taken place. After that occurs I will want to see again the Fort Street tourism people and Mr. Feinstein because I will have a much clearer sense of where Carnival is in terms of my own thinking as to how we ought to proceed. Anyway you go there is clearly going to be a degree of discontent. I don’t want necessarily to lose FSTV. I certainly, I don’t mind saying, would want to see Feinstein as the local be able to proceed with the development of Stake Bank but I am very much walking a tightrope and I will come back to you as soon as the way forward becomes clearer.”

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