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Increasing trade and investment is high on the priority list of the Belize Government. Through this project BELTRAIDE significantly increased its capacity and focus in this area. The project rationalised the work of BELTRAIDE, created a strategic plan for the organisation, and provided sector specific strategies for the medical tourism and BPO sectors. It aimed to significantly increase investment by promoting Belize using various media and marketing tools, as well as provide help to exporters.
The main aim of the project was to increase support to SMEs, including increasing their access to finance. The project designed a new institutional framework to support SME development, including the design of a new government agency dedicated to SME growth and draft legislation to support it. It looked specifically at the SMEs in the Family Islands and created mechanisms to facilitate enterprise development there including a new website to market these enterprises.
The Government has created the Economic Development Council as the main public-private dialogue mechanism on private sector development. The project assists the EDC technical secretariat in ensuring it’s organisational structure is appropriate for Belize, has a prioritized action plan and an M&E framework. It assists with sector specific studies, and builds the capacity of the staff of the EDC through training and study trips. The overarching objective is to increase the national dialogue on private sector development in order to better inform policy creation for growth and development.
This project is focused on helping the cluster to develop sustainable tourism in the Upper Suriname River region of Suriname. The project aims to develop the internal capacity and design tourism products to offer a compelling, high value and high quality tourism experience centered on the unique Maroon community and culture.
Support to the office of the Vice Chancellor has facilitated the creation of the Suriname Competitiveness Unit to support the Suriname Business Forum, which has increased public-private dialogue on private sector development in the country. The staff have been hired, trained and equipped. With project assistance the Forum has agreed on a comprehensive competitiveness program for Suriname to be implemented over the medium term and has new legislation in place to support this.
Strengthening Innovation and Entrepreneurship within the ICT/BPO Industry through Physical and Virtual Incubation
The Business Process Outsourcing (BPO) industry in Jamaica is deemed as a priority industry and the Government of Jamaica has speared no effort in seeking to improve the business environment through policies and strategies, in order to maintain the competitiveness and viability of the sector.
This initiative will allow Treasure Beach to capitalize on its economic potential by leveraging targeted tourism activities and associated business opportunities. The project focuses on developing the tourism potential of treasure beach and creating the linkages with other sectors necessary to elevate the economic conditions of the community and develop a unique brand of Tourism for Jamaica.
The aim is to enable Veerhouse Voda implement the Veerhouse building system – a Eurocode certified environmentally sustainable, low cost building system that is five times faster than traditional construction methods; with the intention to create thousands of permanent houses in three to five years.