Contract for the upgrading of three miles of the Nago Bank Road signed between the Government of Belize (GOB) and Teichroeb & Sons Limited under the Resilient Rural Belize Program

Published by BBNTEAM at May 10, 2022

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Posted: Tuesday, May 10, 2022. 3:25 pm CST.

Contributed by the Ministry of Economic Development: The Government of Belize (GOB), with financing totalling BZ$40 Million from the International Fund for Agricultural Development (IFAD), the Green Climate Fund (GCF), and participating beneficiaries has embarked on a six-year Programme, Resilient Rural Belize (RRB), which aims to minimize the impacts of climatic and economic events on small farmers while supporting sustainable market access for their produce.

The Programme Management Unit of the Be-Resilient Programme (PMU), acting through the Ministry of Economic Development (Lead Programme Agency) and working closely with other agencies such as the Ministry of Agriculture, Food Security and Enterprise, has overall responsibility for programme implementation, including the administration and implementation of the Programme’s Matching Grant Fund.

The main objective of the fund is to support the achievement of the Programme’s objectives by co-financing investments that would improve, in volume and quality, small farmer agricultural production and safeguard food security in the context of existing and projected climate change effects. Working with Producers’ Organizations, the Programme is providing support for the development of business plans, which identify proposed investments, including technical assistance and capacity building, aimed at achieving the above objectives, and which shall be used as the basis for accessing support from the Matching Grant Fund. The program also provides funding to Producer Organization communities in areas such as the enhancement of agricultural feeder roads so that farmers can get their goods to market more efficiently and effectively.

A contract for the upgrading of three miles of the Nago Bank Road was signed on Monday 9th May 2022 between the Government of Belize (GOB) and Teichroeb & Sons Limited. Signing on behalf of the Government of Belize was the Chief Executive Officer in the Ministry of Economic Development Dr. Osmond Martinez and signing on behalf of Teichroeb & Sons was Mr. Peter Teichroeb, the Chief Executive Officer of Teichroeb & Sons Limited.

Present at the signing were the Chief Executive Officer in the Ministry of Infrastructure and Housing Mr. Victor Espat, the Chief Engineer Mr. Lennox Bradley, Mr. Irving Thimbriel, Senior Executive Engineer, Dr. Geraldo Flowers, RRB Programme Manager, and Nadia Vernon, RRB Procurement Officer. The contract is worth BZ $1,734,102.34.

It is expected that the official launching of the Nago Bank Road enhancement will take place on the 19th of May 2022.

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