BL-T1087 : Support for Export-led Development in the Corozal District (including the Corozal Free Zone)

Project Status
Preparation

The objective of this TC is to review the existing Free Zones with a view to generating economic growth and employment in the Corozal district through the optimization of services and operations. The specific objectives are to identify new areas of opportunity for Belize within the FZ (e.g. digital services outsourcing), to simplify the tax system and to reduce non-tax barriers by suggesting adjustments to the regulation and operation of FZs, with a focus on Corozal.

PROJECT DETAIL

Project Number BL-T1087
Country Belize
Sector TRADE
Subsector TRADE-EXPORT AND INVESTMENT PROMOTION
Project Type Technical Cooperation
Environmental and Social Impact Category C
Project Status Preparation

PROJECT INFORMATION

Financial Information

Estimated Total Cost H USD 150,000
Estimated IDB Financing
Financing Type Nonreimbursable
Reporting currency USD - United States Dollars
Amount 150,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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