Andres Ayau, CFO - Santander Group
"At this point our project is ready. We are already in the commissioning phase of the project and we expect to begin crushing sugar cane within the next 3 weeks. That being said any participant to this loan at this point in time sees their risk significantly reduced. We expect if the weather allows for us to begin the crushing season within the next 3 weeks, the cane fields are there."

"This year we have a partial harvest that serves simply to test the factory and to make sure that we can process correctly. Next year we will have full harvest and we expect to crush 800,000 tons of sugar cane - produce about 80,000 tons of sugar and about 50,000 tons of molasses and put energy into the grid."

"Most of our sugar is going to the European market and we already have firm offers for all our volumes this year and part of our volume for next year. What we are doing here and this is said by the consultants is what will be one of the most efficient sugar operations in the world. This operations is going to put Belize on the map as one of the most efficient countries of sugar production in the world."

"All eyes of international lenders and other agro industrial developers are right now in Belize, that have begun to look at this country as an opportunity to invest and that is something that we really need."