The livestock sector in Belize is set to receive support through a US$1.11 million grant from the CARICOM Development Fund as part of a broader effort to strengthen agricultural resilience and production.
The CDF formally executed three grant agreements totaling US$2.14 million at the Blue and Green Investment Forum. The fund is providing about 70% of the total financing for the three projects, which are designed to support local commerce, sustainable agriculture and trade competitiveness.
The largest of the three grants, the Integrated HELD Project, has a total value of US$1.64 million, with US$1.11 million coming directly from the CDF. The project targets integrated growth in honey production and livestock, two areas with implications for Belize's agricultural and animal feed sectors.
The initiative also will enhance technological capacity and extension service delivery within Belize's Ministry of Agriculture. Improved agricultural technology and extension services are expected to support producers as the country works to build resilience across its livestock and broader agricultural industries.
The other two grant agreements focus on market infrastructure and trade competitiveness.
The Bella Vista Market Project will receive US$215,200 from the CDF toward a US$312,600 project. The initiative will construct a commercial space with 24 vendor stalls, potable water, electricity and supplemental solar energy. The facility also will include public restrooms, a waste recycling unit and landscaped areas. The Belize Ministry of Rural Transformation will execute the project.
The A164 Support Programme for Belize will receive US$149,100 from the CDF toward a US$190,050 project. The pilot program will assist small and medium-sized enterprises, producer groups, freight forwarders and institutional stakeholders involved in Article 164 value chains.
The program will focus on applied research, policy guidance, climate resilience and expanding regional and international market access, with an emphasis on participation by women and youth.
CDF representative Kyron Barker said the agreements demonstrate a commitment to resilient communities and inclusive growth in Belize and the wider region.
The CDF also said future partnership components will provide dedicated financing for micro, small and medium-sized enterprises, infrastructure upgrades for educational institutions, and water harvesting and distribution, primarily benefiting rural populations.
Source: CARICOM Development Fund, "CARICOM Development Fund Signs Three Grant Agreements with the Government of Belize"