News Release

CDB & UK Unveil Transformative Milestone

Published on
Group of persons behind long ribbon opening new road in Belize

The Caribbean Development Bank (CDB), the Government of the United Kingdom (UK) and the Government of Belize today announced the successful completion of the Philip Goldson Highway and Remate Bypass upgrade in Belize, a significant milestone in the Bank's and the UK’s longstanding partnership with the Government and people of Belize.

Speaking at the Inauguration Ceremony on May 8, 2024, Mrs. Therese Turner Jones, Vice President of Operations (Ag) at CDB indicated that “The Philip Goldson Highway and Remate Bypass upgrade, completed at a cost of $46 million United States Dollars, will benefit the community by facilitating easier and more convenient access to employment, educational facilities, medical services, social and recreational activities, and so much more.”

Speaking on behalf of the UK Government, which provided US$20 million in grant funding for this project, Acting British Commissioner to Belize Ms. Kate Reynolds noted that “The UK is proud of this remarkable achievement under our flagship UK Caribbean Infrastructure Fund (UKCIF). We are especially pleased that this project included a strong focus on improving road safety. Now, road users and local communities will benefit from a more climate resilient and safer road, which enhances connectivity, efficiency, and accessibility from Belize City to the Mexican border.”

Prime Minister of Belize Hon. John Briceño in his keynote address highlighted the significance and impact of this initiative on his constituents. This project, which was launched in 2022, has made major upgrades to 125 kilometers of Belize’s road network, directly benefitting approximately 45,000 residents from Corozal, Orange Walk and other northern communities.

CDB is a steadfast supporter of Belize's development, providing over US$554 million in funding across sectors such as agriculture, forestry, fishing, manufacturing, tourism, water, transportation, housing, health and sanitation, energy, and education. The Bank recently approved US$34.5 million for the upgrade of the George Price Highway from Belize City to Hattieville. This project is also expected to significantly contribute to the socio-economic development of urban and suburban communities by enhancing access to essential services such as schools, health facilities, and administrative services.

The Philip Goldson Highway and Remate Bypass Upgrading project is the second infrastructure project to be completed in Belize under the UKCIF, joining the Coastal Plain Highway which was officially inaugurated in July 2023, and benefited from US$34 million in grant funding from the UK Government.