$10 Million Grant from Taiwan Print E-mail
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Friday, 17 May 2013 00:00

PM Hon. Dean Barrow received grant from H.E. David C. K. WuOn Thursday May 9th, His Excellency David C. K. Wu, Ambassador of the Republic of China (Taiwan) presented a cheque in the sum of US Dollars Five Million to the Hon. Dean Barrow, Prime Minister and Minister of Finance of Belize.

The cheque represents a Grant to Belize for the year 2013 under the Bilateral Cooperation Program between Belize and the Republic of China (Taiwan) for the period 2013 to 2016.

The proceeds of the Grant are for the general benefit and well being of the people of Belize.

In particular, Government of Belize will use the funds to cover local counterpart expenditures on key infrastructure projects, including the Belize City Southside Poverty Alleviation Project Phase II, the extension of the Southern Highway to Jalacte in the Toledo District, and for the new crossing of the Macal River in San Ignacio/Santa Elena.

In accepting the Grant, Prime Minister Barrow said, “Ambassador, please convey to your Government the heartfelt thanks and appreciation of my Government and those of the people of Belize. This cooperation program will go a long way in assisting Belize in meeting its development goals”.