SAN PEDRO WATER EXPANSION PROJECT
(San Pedro, Ambergris Caye, May 8th. 2007) Today, a Memorandum of Understanding (MOU) was signed between Belize Water Services Limited (BWS) and Consolidated Water Belize Limited (CW Belize) for the expansion of water and sewerage services on Ambergris Caye. Under the terms of this MOU, Consolidated Water Belize Limited, in a joint cooperation arrangement with Belize Water Services Limited, will provide bridging finance of $1.5M to BWS to assist with water and sewer expansion works to the North of San Pedro town. CW Belize and BWS have been working together since 2000, when Consolidated Water expanded its water desalination operations to this resort island.
An overall expansion project for Ambergris Caye is being undertaken by BWS with assistance from CW Belize in response to rapid growth in the area. The project is expected to cost in excess of $30M and will take several years to complete. Additional support for the project will be provided for by the Government of Belize and developers.
BWS and CW Belize officials also met with some of the beneficiaries for the first phase of the project while on a tour of North San Pedro today. These beneficiaries are residents of the San Mateo and Boca Del Rio areas, the San Pedro High School, the Holy Cross Anglican School, hotels, condominiums and other businesses.
The Memorandum Of Understanding was signed by Messrs. Norris Hall, Chairman BWS, Alvan Haynes, CEO BWS and Wade Van Doren General Manager of Consolidated Water Belize Limited. On hand were Messrs. Eugene Cleland, Director - Water & Wastewater sector of the PUC; Hilberto Martinez BWS Director; residents and members of the San Pedro business community.
BWS Improving, Investing, Expanding!www.bws.com.bz