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We often  hear about these mega - investment projects planned for Belize - but many of them never materialize; they’re either what are known as dead raises, or con games designed to bilk investors.  

And the Cabinet Sub Committee on Investment is supposed to screen those projects to make sure they are legit.  

That group met today to discuss upcoming investments. In a release it states “The purpose of the committee is to  review large investment projects and conduct proper assessments and due-diligence to ensure meaningful investments and maximize benefits to the people and Government of Belize.â€￾  It goes on to list what the committee will use to asses the viability of the investment. Some considerations include that the investments must “Be socially and economically acceptable and legally doable, bring revenue to the government and bring meaningful employment to the country among others. Minster of State in the Ministry of Economic Development Tracey-Taegar Panton chairs the committee.