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#463966 - 05/10/13 11:06 AM Dollar Diplomacy Declines, Taiwan Sweet on Belize
Marty Offline
Dollar Diplomacy may be in decline, but Taiwan always has a few dollars – or a few million - to scratch the Belizean government’s itches. The Taiwanese today donated five million US Dollars to Prime Minister Dean Barrow.

It is the 2013 Grant under the Bilateral Cooperation Program, which runs for the period 2013 to 2016. Taiwanese Ambassador David C. K. Wu, explained:


H.E. David C. K. Wu, Ambassador of the Republic of China (Taiwan)
" This is a grant from my government to be of some of help for the construction of your infrastructure and we are very honored and very pleased to do so because you know Taiwan and Belize - we are very coridal partners."

A government release says the proceeds of the Grant are quote, “for the general benefit and well being of the people of Belize.” The release adds that Government 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.

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#463970 - 05/10/13 11:15 AM Re: Dollar Diplomacy Declines, Taiwan Sweet on Belize [Re: Marty]
Marty Offline
Taiwan Presents $5 Million Grant to Belize For Infrastructure Projects

Taiwan has granted $5 million to the government of Belize for infrastructure projects.

The funding, which was officially presented by Taiwanese Ambassador David CK Wu to Prime Minister Dean Barrow Thursday, will target projects including the Belize City Southside Poverty Alleviation Project, the extension of the Southern Highway to Jalacte and the new crossing of the Macal River in San Ignacio/Santa Elena.

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

The grant, which was issued under the Bilateral Cooperation Programme between the two countries, covers the period from 2013 to 2016.

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