By Breaking Belize News Staff: The Government of Belize expects to seek additional financing from the Kuwait Fund for Arab Economic Development in early 2027 to continue upgrading the George Price Highway between La Democracia and Belmopan, Minister of Infrastructure Development Julius Espat revealed during Thursday’s sitting of the House of Representatives.
Espat made the announcement while providing a detailed explanation of the three major sections of the highway rehabilitation programme in response to opposition concerns about the government’s continued borrowing.
The minister explained that the La Democracia–Belmopan section, identified as Lot Three, is being financed through two Kuwait Fund loans.
He said the first loan is already in place and financing ongoing construction, while the second is expected to be introduced in early 2027.
Espat indicated that the government anticipates returning to the National Assembly for consideration of the additional borrowing.
The approximately 29-kilometre project includes road reconstruction using hot-mix asphalt, upgraded drainage infrastructure, additional passing lanes, bus shelters and improved pedestrian and bicycle facilities.
Major bridge works are also planned, including a new structure at Mount Pleasant and another crossing near Cotton Tree to address flooding.
Espat said the Ministry of Infrastructure Development and Housing has been incorporating additional safety measures in villages along the highway, particularly to protect pedestrians, cyclists and schoolchildren.
He also disclosed that a new roundabout is planned near the entrance to George Price Boulevard in Belmopan to accommodate future traffic growth and reduce congestion at the city’s main entrance.
The minister said the La Democracia–Belmopan works began on January 8, 2026.
Meanwhile, work on the Belize City–Hattieville section began in April and is approximately 20% complete, with a targeted completion date of October 2028.
That section is being financed through a US$34.5 million loan from the Caribbean Development Bank.
Espat explained that the government divided the upgrading programme into several sections to secure financing from different international lending institutions rather than attempting to fund the entire project through one arrangement.
He said the overall programme also includes bridge improvements supported by international development partners.
The minister maintained that completing the three principal sections would represent a major step toward modernizing the entire George Price Highway corridor between Belize City and Benque Viejo del Carmen.
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By Breaking Belize News Staff: The Government of Belize expects to seek additional financing from the Kuwait Fund for Arab Economic Development in early 2027 to continue upgrading the George Price Highway between La Democracia and Belmopan, Minister of Infrastructure Development Julius Espat revealed during Thursday’s sitting of the House of Representatives. Espat made the
The post Government expects another Kuwait Fund loan in early 2027 to continue George Price Highway upgrading appeared first on Belize News and Opinion on www.breakingbelizenews.com.
