The government has adopted a series of pro-business measures to attract FDI in a broad range of sectors
Belize’s portfolio of competitive advantages include its uniqueness as the only English-speaking country in Central America, its proximity to North America and decent infrastructure, including a modern, fast and reliable telecoms network that played a crucial role in the national fight against COVID-19. Infrastructure and mobile services provided by Belize Telemedia Limited (BTL) — the country’s leading telecommunications provider and supplier of the quickest Internet services — enabled people to keep one step ahead of the pandemic and work remotely with minimum disruption when scores of offices and businesses were closed. In addition, it allowed schoolchildren to perform online learning and participate in tasks and activities that minimized the impact to their core educational experiences.
“The importance of the connectivity that BTL offers manifested itself during the pandemic and throughout the recovery period. With our modern infrastructure, consisting of the only fiber to the home network and 4G LTE, advan- ced mobile coverage spans over 90 percent of the country,” BTL’s proud Chairman, Mark Lizarraga, states.
BTL’s technology plays an increasingly important role in national socioeconomic development, including in the fast-growing BPO and agricultural sectors. Lizarraga notes his company is prepared to contribute to the significant advancement in the agricultural sector through the use of digital applications and technologies that can facilitate cooperation across value chains, support farmers and offer opportunities for innovative SMEs for a more efficient, sustainable and competitive industry.
Turning to the rich potential of the BPO sector, he adds: “As a relatively new player in the BPO industry, Belize has tremendous opportunity to grow. BTL welcomes the move to establish more call centers in Belize, particularly as we have the technology, infrastructure, equipment, international bandwidth capacity with redundancy, and the human resources. We are very satisfied with our contribution to the BPO industry. Belize is rapidly expanding in a sector that has achieved significant growth in the past few years. Our country has a very high call center and remote agents’ capacity making it an ideal investment opportunity. We have thousands of young people providing services to customers all over the world. There is a myriad of opportunities for investment here. BTL is the backbone of connectivity and open to forging new partnerships to successfully expand our product offerings and contribute to the development of Belize.”