Posted: Tuesday, October 7, 2025. 10:12 am CST.
Press Release
The National Bus Consolidation Pro Tempore Advisory Committee met on Friday, October 3, 2025, to review progress on the establishment of the Consolidated National Bus Company, a major public-private partnership initiative designed to modernize Belize’s national transportation system.
Key updates included:
- Operator Support: The Consolidated National Bus Company has grown, with 71% of the total market share serviced by all operators committed to the process.
- Audits and Financials: Operator audits are underway, with an opening balance sheet expected by mid-November to guide equity participation and financial projections.
- Stakeholder Engagement: Consultations continued with operators, financial institutions, and international partners to ensure the collection of pertinent information, transparency, and inclusivity in the transition.
- Implementation Timeline: The Consolidated National Bus Company remains on track to begin operations on January 1, 2026, with improved safety standards, upgraded and new terminals, and new buses coming on stream over the next two to three years.
The Committee reaffirmed that the transformation is not a nationalization but a public-private partnership to strengthen public transportation, enhance commuter safety, and align Belize with international sustainable development goals.
The members of the Committee comprise representatives from the Ministry of Infrastructure Development and Housing, the Statistical Institute of Belize, the University of Belize, the National Trade Union Congress of Belize, the Ministry of Economic Transformation, the Attorney General’s Ministry, a media host, a bus operator representative, a commuter representative, a representative from the business community, and the United Nations Development Programme (UNDP).
The next meeting of the Committee is scheduled for November 2025 to review audit results and finalize steps toward Cabinet submission.
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The post The National Bus Consolidation Pro Tempore Advisory Committee Advances Plans for the Consolidated National Bus Company appeared first on Belize News and Opinion on www.breakingbelizenews.com.
Posted: Tuesday, October 7, 2025. 10:12 am CST. Press Release The National Bus Consolidation Pro Tempore Advisory Committee met on Friday, October 3, 2025, to review
The post The National Bus Consolidation Pro Tempore Advisory Committee Advances Plans for the Consolidated National Bus Company appeared first on Belize News and Opinion on www.breakingbelizenews.com.