McDonald's, Abercrombie & Fitch and Nike outlets coming to Belize
Date: Fri 13, Apr 2012
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Belize does not boast brand name franchises, in regard to international companies; however all that may soon change because an American businessman says his company will bring international appeal to our shores. DHS Holding Company, based in Nashville, Tennessee, has announced the commencement of the first phase of development of the Cenote Falls Shopping Centre. It is being billed as an investment that will bring world class and family-friendly shopping experiences to Belize. The announcement was featured in the US media and it seems that construction will commence shortly on a recently acquired 40-acre parcel of land along our northern border. President of DHS Holding, Co. has stated that they will bring in retailers such as McDonald's, Abercrombie & Fitch, Nike, and other fine stores." Their research shows that Belizeans spend nearly $100 million across the border in Chetumal yearly, simply because retail options are not currently available in Belize. DHS Holding Company hopes to reverse that with the Shopping Centre. They have commented that “Belize citizens will be able to have the EPZ shopping experience in their own country and those dollars will remain in the Belize economy." the company is also submitting documentation to secure an online gaming license in Belize. In a letter to DHS Holding Company they reported that Honorable Erwin Contreras, Minister of Economic Development, stated, that Belize would look very favorably toward an approval of the license, subject to a final review of their business plan and supporting documentation. Contreras was also quoted saying that it is most important that DHS’s investment will bring employment and growth to Belize"
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