Belmopan. May 19, 2014. Today in Belmopan, His Excellency David C. K. Wu, Ambassador of the Republic of China (Taiwan) presented a cheque in the sum of US$5 million to the Hon. Dean Barrow, Prime Minister and Minister of Finance and Economic Development of Belize.
The cheque is the grant from the Republic of China (Taiwan) to Belize for the year 2014 under the Bilateral Cooperation Program between the two countries. The purpose of the grant is to help in the development of Belize.
The Government of Belize will use the funds to cover a part of the 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.