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Sep 12, 2019

Taiwanese Ambassador Discusses Guatemalan Registered Company’s Role in Upgrading of Sarteneja Road

An agreement between the Government of Belize and the Export-Import Bank of Taiwan for a fifty million dollar loan was signed on Monday after it was ratified by Senate in late August. The monies will be used for the upgrading of the forty-seven mile long Corozal-Sarteneja Road, construction of the Pueblo Nuevo and Laguna Seca bridges. The loan agreement and G.O.B. were heavily criticized by the Opposition and several members of the Senate. One of the criticisms is regarding the fact that the project will be administered by the Overseas Engineering and Construction Company, a Taiwanese company based in Guatemala. Taiwanese Ambassador Remus Li-Kuo Chen says the company will establish a branch in Belize.


Remus Li-Kuo Chen, Taiwanese Ambassador to Belize

Remus Li-Kuo Chen

“They are going to establish an office, a company here. Under their main operations center they establish in a neighboring country because actually set up of this new company in Belize so they are going to hire people. They are going to hire workers. They are going to build camp. They are going to buy materials. They are going to have all these opportunities because of this construction project to benefit the local community, to benefit your economy. So in that sense you have to say it is a Belizean company; it is going to do good to the people here. So we are talking about something which is even larger than benefit the north, Corozal or the villagers of that area but nationwide.



“In was stated as an observation in the Senate by Lead Opposition Senator, saying that Taiwan is using this company as a means to ensure that there is absolutely no corruption in relation to how the funds are used.”


Remus Li-Kuo Chen

“We actually don’t what to have any comments especially as it relates to your internal domestic, especially parliamentary procedures when discussing this very important issue.”


Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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