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Sep 9, 2020

Mexican Investors Allowed One Day to Check on Businesses in Free Zone

For the past five months, Mexican investors in the Corozal Free Zone have been barred from entering Belize to check on their businesses due to the closure of the country’s borders, amid the COVID-19 pandemic. As you know, the neighbouring Quintano Roo has been heavily affected by the COVID 19 with the number of cases in Chetumal at more than two thousand. Since the beginning of the state of emergency in April, the Mexican investors have been lobbying government to allow their entry into the zone to look after their businesses.  The matter was finally taken to Cabinet where special permission will be granted for them to enter the country next week.  According to Anil Hotchandani, Vice Chair of the Corozal Free Zone, all COVID regulations will apply in order for the investors to enter and exit safely.

 

Anil Hotchandani

Anil Hotchandani, Vice Chairman, Corozal Free Zone

“As you all know, the free zone has a lot of Mexican investors in the free zone and these investors have not been allowed to go into their business since the COVID-19 closure.  So it‘s been many, many months and they have not gone and monitored their business.  So they‘ve been making a lot of requests to the chamber and to the board of directors of the Corozal Free Zone to do something and I think finally they have made some headway with the government.  I think they made contact through one of the directors to Minister Panton who‘s responsible for the free zone and she‘s taken the matter to Cabinet, from what I understand, although we haven’t heard anything official.  But I was told that they were considering under the guidance from Director of Health Services and the Ministry of Health and Immigration will be putting in certain protocols in place and they are going to be designating one day in the week, this coming week, where Mexican investors, only investors in their cars will be allowed in groups of ten and to have minimum contact from person to person.  So this is my understanding of what’s going to be happening.  They are going to be going just to view and check on their businesses to see if all is okay, you know, because they haven’t gone in there in five months, thereabout.”


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