7 News Belize

Stake Bank Makes It Official
posted (September 27, 2013)
As we first reported you last week, The Feinstein Group's development for Stake Bank and North Drown Caye has gotten full environmental clearance.

As we told you the National Environmental Appraisal Committee met 2 weeks ago to review the projects, and they found 2 issues which they looked at more closely: those being the fuel lighters which was proposed to use to refuel cruise ships, and the impact on the Swallow Caye Wildlife Sanctuary which the building of a mega-causeway.

Stake Bank Island, located 4 nautical miles south east of Belize City, is proposed as a cruise ship port and an entertainment centre for cruise ship passengers and crew members.

The second project, on North Drowned Caye, will be a resort community called Ocean View Grand - which is also proposed to have duty free shopping.

Feinstein's group says the enterprise is expected to provide over 3500 direct jobs.

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