Petroleum prospects, exploration activities and environmental awareness in Belize

The prospects for petroleum exploration and environmental awareness in Belize are discussed. It is important that Belize seek and encourage foreign investment for its ongoing projects, including all upstream activities of the petroleum sector. Any investor willing to put capital into Belize's economic and social development has a right to expect well-defined and reliable terms and conditions. Traditionally, the Government of Belize has encouraged foreign investment and has maintained a high level of hospitality to both foregin and local investors