Belize Inks US$12.5 Million Deal with Kuwait to Upgrade George Price Highway

Belize has taken a significant step toward enhancing its transportation infrastructure with a new $12.5 million loan agreement signed with the Kuwait Fund for Arab Economic Development. The funds will be allocated to upgrade an 18-mile stretch of the George Price Highway, a critical roadway connecting Belmopan and La Democracia. The project encompasses the construction of new service lanes, improvements to existing bridges, and the addition of 16 bus stop lanes to enhance public transit accessibility. The agreement was formalized by Joseph Waight, Belize’s Financial Secretary, and Waleed Sh. Al-Bahar, Acting Director General of the Kuwait Fund. This collaboration marks another milestone in the longstanding partnership between Belize and Kuwait, which has previously supported major infrastructure initiatives, including upgrades to the Southern Highway, Hummingbird Highway, and Caracol Road. The project is expected to bolster economic growth, improve road safety, and facilitate smoother transportation for residents and businesses alike.