COROZAL FREE ZONE HOST ANNUAL GENERAL MEETING
April 08, 2009


The Corozal Free Zone Management will be hosting their annual general meeting later today in Corozal. CEO at the Corozal Free Zone Raul Rosado tells us more about what can be expected from this evening’s meeting.

Raul Rosado; CEO, Corozal Free Zone
“Today’s Annual General meeting will highlight the audited reports of the financials for 2008/2009, our future plans that we have for the Corozal Free Zone, the infrastructure project and business. We will give a complete financial report. This will be an audited report stating the net profits for this year and the infrastructure project that we have already acquired a master plan for the entire free zone. We have invited the Minister of Finance, the Honorable Prime Minister, members of the board, economic development, labor department and all the investors and stakeholders. I just hope that everybody that has been invited could come and we will be having media coverage to ensure that the nation knows exactly what the Free Zone is, its position and what it entails.”

The meeting will also focus on a major infrastructure project that Rosado says will improve the service provided by the free zone. Safety is another topic that will be addressed.

Raul Rosado; CEO, Corozal Free Zone
“It is expected that the first phase of the plans will commence early as within one months time. It will enhance the eastern part of the Free Zone from the entrance going east. This includes sidewalks, drains, parking, pedestrian ramps, bumps, traffic signs and the paving of the street. This year we want to do the first phase and probably the latter part of the year or early next year we want to do the second phase. We are looking to potential investors into what would be like light engineering and assembly plan and divert a little bit from the general merchandize that we have. Safety is our top priority and today we can boast that we have a very good security unit that works hand in hand with the police detachment that has been established at the border. We also have our Mexican counterparts who give us assistance.”

The AGM will be held at the Ball Room of Charisma at the Princess Hotel and Casino in Santa Elena Corozal beginning at 6:30pm.

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