July 1, 2019 - Vol 10: Agribusiness and Agro-Processing
Agribusiness and Agro-Processing: Outlook and Investment Opportunities

Belize's Agribusiness and Agro-Processing sector is strategically positioned to offer high quality goods primarily catering to niche markets. Belize's rich natural resources inclusive of its high availability of arable land (1,998,230 acres), with its location not being within the high hurricane landfall probability belt, offers an ideal location for agribusiness investments. The country's advantageous position for organic and eco-labelled production, abundant pool of skilled workers, stable foreign exchange rate, welcoming investment climate, and preferential market access to major world markets offers enticing opportunities for Agriculture investments. 

International Market Access Through Multiple Trade Agreements

Belize is strategically positioned with preferential market access to world markets through multiple trade agreements. As a member of the Caribbean Community (CARICOM), Belize enjoys preferential market access to the European Union, United States, including bilateral trade agreements with the Dominican Republic, Costa Rica, Cuba, Colombia and Venezuela. The country also has a Partial Scope Agreement (PSA) with Guatemala, and is actively pursuing a PSA with Mexico and El Salvador. Moreover, the Government of Belize, guided by the National Trade Policy 2019-2030, continues to strengthen its international relations in an effort to expand its avenues for trade.
Click Here  to learn more about Belize's Trade Agreements

Success Story: Hot Mama's Ltd

Hot Mama's Belize Ltd is an agro-processor and manufacturing company that specializes in producing hot habanero peppers sauces, tropical fruit jellies and species for both the domestic and international markets. The company believes in a culture of giving back to the local community by working hand-in-hand with local farmers "one bottle at a time." Over the years, the company has diversified to include a fusion of fresh mangos with habanero peppers and the Sweet Pepper Sauce- "#1 seller". Both products have won several awards at international food shows in the USA which includes: 'Three Heat levels of the Habanero Pepper Sauces', a 'Hot Mustard' and a 'Steak & BBQ Sauce.'

The company has invested to date BZD $200,000 and employs nine (9) employees, of which seventy-five (75) percent are single mothers.

Testimonial From the Developer

"Establishing the facility as a Designated Processing Areas (DPA) has meant that the company is more competitive in the external marketplace by reducing the cost of packaging supplies, etc."

To learn more about the company and their products, visit their website at  www.hotmamasbelize.com.
Project Opportunity: Mahogany Farms by Echotropics

Project Name:  Mahogany Farms
Sector:  Agribusiness and Tourism
Status:  Open
Location:  Corozal District 

Project Summary
Mahogany Farms is a 1,550 acre beach front property located in Northern Belize, Corozal District, suitable for a tourism development featuring a sustainable lifestyle community. The initial offering includes a balance of mixed facility elements, a boutique hotel complex, high-end homes and retirement villas, restaurant, bar, spa, gym, organic farm and garden, shopping and educational facilities. Significant revenue is generated through home sales and resort/community income streams, with a truly global marketing reach through pre-existing well established channels. This project aims to provide significant levels of infrastructure and sustainability as a lifestyle concept within the community and contribute to the surrounding area.

Capital Investment Secured to Date:  USD $1,500,000
Capital Investment Required: USD $8,500,000
Total Estimated Capital Investment Size:  USD $10,000,000
Estimated Return on Investment:  15%
Preferred Mode of Investment:  Joint Venture Partnership
Opportunity Spotlight

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Contact BelizeINVEST, a Unit of BELTRAIDE, for more details.
14 Orchid Garden Street
City of Belmopan, Belize
Phone: +501-822-3737 / 0175
Email: investment@belizeinvest.org.bz
Skype: belizeinvest