7 News Belize

With New Boledo Deal, Amy Number Can Play
posted (October 31, 2019)

And while those numbers may not be encouraging, the news on the new boledo contract is that any number can play.  Today the press caught Prime Minister Dean Barrow leaving an event and he told us that government wants a bigger cut with the new contract:

Reporter
"Will the government look at taking over the Boledo contract?"

Rt. Hon. Dean Barrow - Prime Minister
"No we are going to put out to tender again, we are committed to private sector handling it but it is going to be a fair tender process, there isn’t going to be an automatic renewal the current concessionaire will have to bid like everyone else for the next iteration of the contract. Government is going to ensure that there will be new terms and conditions to govern the new concession in other words in other words government is going to insist on a larger share of the proceeds."

Currently, government gets 2 million a year from the 10 year Brad’s Boledo contract.  

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