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Jun 22, 2020

Lord Ashcroft Weighs in on Proposed Cruise Terminal

Michael Ashcroft

The idea of building a world class cruise terminal in Belize City has been met with objection from other tourism developers, including investors in the Stake Bank project who vehemently oppose the construction of the facility.  But has Lord Michael Ashcroft met with these other stakeholders to understand their concerns?


Isani Cayetano

“Have you had an opportunity to sit with either of these dissenting groups to share with them what your vision is for that particular development and what has been their reception if you’ve had that opportunity to meet with them?”


Lord Michael Ashcroft

“Well quite clearly, if you’re talking about the other two proposals, the one on Stake Bank does not have access to the mainland.  It is either tendering and even though there’s been talk of a causeway, nobody has assured me that it’s either feasible or the environmentalists would actually allow it and I actually took some photographs of Stake Bank two weeks ago from the air to see how far that development has come and the rhetoric that it could be ready in eighteen months is pie in the sky.  As far as the other project is concerned down south, there is no financing, it’s only in theory and it’s not ready to go.  So we have presented to the government very detailed proposals and I’m sure that this is the proposal that is appropriate for the country.  But if it’s not, it’s not.  I won’t lose any sleep over it, it’s not going to affect me or my standard of living.  It just means that my foreign currency will go elsewhere.”

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