Report: GOB Preparing to Sell Bacalar Chico Reserve


Following up on the disclosure made last night by the Opposition Leader of a proposed mega land deal for Northern Ambergris Caye, credible reports to 7NEWS tonight say that they are in fact two deals for a combined ten thousand acres on Northern Ambergris.

The first is for what's known as the Beltraide Land - 8,000 acres on Northern Ambergris that government has been trying to sell or trade for years. CEO in the Ministry of Natural Resources Allan Usher confirms that a proposal to purchase and develop this area went to Cabinet yesterday.

And while that will likely generate its own controversy, the second deal is sure to raise quite an alarm. Senior sources tell 7NEWS that the government has accepted US$1 million as partial payment for 3,000 acres - also on Northern Ambergris Caye. But this is outside of the Beltraide land and involves, we are told, quite a significant part of the Bacalar Chico Reserve. That would have to be de-reserved for the Korean developer but to show his interest he has reportedly paid one million up front, even before the land is de-reserved.

CEO Usher would only say that he has heard of the transaction but said he could not confirm the details.