Wednesday, November 23, 2011
EU supplies GRANT of $5 million to help Belize with rural electrification.
SURPRISE NEWS ABOUT RURAL ELECTRIFICATION GRANT FROM THE EU AND THE GEOGRAPHICAL LOCATIONS WHERE THE MONEY WILL BE SPENT!
The message for Belize is that the GDP has to rise from incoming money, such as the expansion of the phone call centers, perhaps shipping semi finished Rosewood wood blanks, or more exports, including blanks for lignum vitae blanks, for ocean ship and submarine shaft bearings.
Only export orientation, or cash incoming activities are going to wipe out the national debt and pay for infra structure.
An interesting blurb on last nights TV was that the EU had given a GRANT for $5.5 million to BEL our electricity carrier. To build rural electric capacity.
I had surmised, or supposed that it would be going to the Toledo District and all those villages without electricity. Imagine my surprise after waiting for a long time about it, the list of places being rural electrified, were all North of Dangriga. Mostly in the Belize River Valley and Corozal and Orange Walk districts, that I thought in my ignorance, already were electrified. Go figure!
If this is true, RURAL ELECTRICIFICATION will need another $50 million dollars for BEL. WOW!!! We are worse off than I thought as a country.
They said, BEL doesn´t have enough money to do it themselves.
Posted by A Professional BEACH BUM retires in Belize! at 8:19 AM