Saturday, February 25, 2012

INTERNET PROBLEMS CONTINUE TO STALL FOREIGN INVESTMENT IN BELIZE.

FINANCIAL SERVICE INDUSTRY INVESTMENT IN BELIZE STALLED BY INADEQUATE INTERNET SERVICES

For comparison: It takes in the Twin Towns out Western Belize, about an hour to an hour and a half, to download a self teaching internet video, with slow video loading, stopping and starting in short segments. Whereas on Caye Caulker, a video can be totally downloaded from the internet in 30 seconds and viewed in a continuous streaming format. The only internet provider in Belize, is a government controlled, Belize Telecommunications Company, for Foreign Investment in the financial services industry data downloads capability. Most scenic areas in rural parts of the country, where foreign investment would construct new buildings and offices for the local ambience, to locate INVESTMENT FINANCIAL SERVICES, lack any contact to the internet, and often lack electricity besides, or other services.
One internet competitor is only offering internet packets at high prices for cell phones, but not for foreign investment requirements for world wide communication with financial centers around the world.

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