The Caribbean Improvement Financial institution (CDB, the Financial institution), in partnership with the Authorities of Belize and the Inter-American Improvement Financial institution (IDB), supported and took part within the inaugural Belize Procurement Week, a pioneering occasion supposed to construct the capability of contractors in Belize to determine and reply to procurement alternatives on the Banks’ challenge.
The week involving occasions in Belize Metropolis, Placencia and Orange Stroll, between November 4-8, was a vital milestone in personal sector sensitisation and capacity-building efforts being collectively spearheaded by CDB and IDB.
In his remarks, in the course of the opening session, Douglas Fraser, the Financial institution’s Head of Procurement emphasised the significance of public procurement in supporting Belize’s growth trajectory whereas underscoring the function of partnerships in reaching these aims. “The Caribbean Improvement Financial institution commends the Authorities of Belize for selling pro-active engagement with the personal sector, which is important for furthering transparency and competitors, that are on the coronary heart of any public procurement system.”
Based on Rocio Medina Bolivar, the Nation Supervisor of the Inter-American Improvement Financial institution Group in Belize, the occasions concerned sharing a various vary of alternatives with contractors below IDB and CDB tasks.
Additionally talking on the occasion was Rey Guerrero, Director of Procurement on the Ministry of Finance, Belize. Through the opening session, Guerrero lauded CDB and IDB for his or her assist within the coordinating and executing of an impactful initiative. Including that this and comparable workouts strengthened all collaborating companies’ dedication to supporting Belize in its quest for environment friendly and clear procurement programs.
Belize Procurement week uncovered contractors to the nuances and intricacies of the monetary establishments’ procurement and processes and likewise sensitised them to the procurement necessities for tasks financed by CDB and IDB being executed together with the federal government of Belize.
The intention is to make sure elevated consciousness of alternatives for native bidders and elevated worth for cash by the beneficiary authorities. The Authorities, CDB and IDB indicated that they intend to construct on the success of the Procurement Week with a follow-up occasion for the personal sector subsequent 12 months.
