Investment Opportunities in the Caribbean - 2024

SUSTAINABLE AGRICULTURE | BELIZE

SEAWEED (FISHERIES AND AQUACULTURE) NAME OF PROJECT:

MODE OF INVESTMENT: Joint venture partnership INVESTMENT AMOUNT (USD) $200,000 CONTACT PERSON: Mr. Wilber Dubon E: wilbur.dubon@placencia-producers.com

The Placencia Producers Cooperative Society Limited is a registered cooperative headquartered in Placencia Village in southern Belize. It is national producer of premium quality edible red seaweeds (seamoss). The cooperative exports seaweed to U.S.A and Australia and is expanding production to further increase export quantities, particularly for the health food sector. The cooperative product currently commands a premium price between US$10.00-15.00 per pound. The production model is not only financially sound but is also socially beneficial and environmentally sustainable and has significant growth potential. Cardelli Farms Ltd. is a shrimp farm located outside of Independence Village in the Stann Creek District of Belize in Central America. Cardelli Farms Ltd. operates under the special incentive program known as the Designated Processing Areas (DPA) status, which allows duty free inputs and tax-free status for up to 10 years. The farm was built in 2006 with four-25-acre ponds (25 acres = 19 football fields) and has been operated with a low density, no-water exchange CARDELL FARMS (AQUACULTURE) NAME OF PROJECT:

culture to produce 16-2(and 21-25 size shrimp for the local and export market. It was later expanded to six-2-acre ponds and ran profitably with an ROI of 65% before principal and interest payments.

MODE OF INVESTMENT: Equity INVESTMENT AMOUNT (USD) $3,000,000

CONTACT PERSON: Mr. Wilber Dubon E: wilbur.dubon@placencia-producers.com

20