Institution: Inter-American Development Bank
Project: Trade and Investment Facilitation Program for Belize
Sector: Public Investment
Abstract: The project’s implementation includes the procurement of a number of contracts that falls in the following categories: goods, consulting (individuals and firms) and non-consulting services for Facilitate investments in Belize through the implementation of a SIW, Investment Promotion, Export Development and Trade Facilitation
Loan/Credit/Grant No.: 5582/OC-BL
Borrower: Government of Belize
The Government of Belize has received financing in the amount equivalent to eight million US Dollars (US $8M) from the Inter-American Development Bank (IDB), and it intends to apply part of the proceeds to payments for goods, consulting (individuals and firms) and non-consulting services to be procured under the project Trade and Investment Facilitation Program for Belize. Bidding will be governed by the Inter-American Development Bank’s eligibility rules and procedures.
The main objective of this project is to promote Belize’ s foreign direct investment (FDI) and trade performance. The specific objectives are to: i) improve investment facilitation through simplification, standardization, and automation of key investment procedures; ii) improve the investment promotion tools and Small and Medium Enterprises (SMEs) internationalization through the strengthening of the trade and investment institutional apparatus; and iii) improve trade facilitation through simplifying, standardizing, and automating key trade processes. The project contains three (3) components.
Component 1: Facilitate investments in Belize through the implementation of a SIW.
Component 2: Investment Promotion and Export Development.
Component 3: Trade Facilitation