Economy

"Nationalizing Port of Belize: Deputy Prime Minister's Proposal Sparks Debate over Private Investment and Foreign Investor Confidence"

By: Omar Silva, NP Staff Writer

Belize City: Thursday 25th May 2023

Cordel Hyde, the Deputy Prime Minister of Belize, has expressed his opinion that the government should consider nationalizing the Port of Belize. He believes, like many Belizeans, that returning the port to the people of Belize would restore civility, decency, and modernity to its operations. According to Hyde, there have been no significant improvements at the port, and the ongoing disputes and animosity between the port's owners and the stevedores need to be addressed.