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Ground is broken for Belize cruise docking facility, Stake Bank

From left, Michael Pyrefitte, attorney general of Belize; Michael Feinstein, chairman, Stake Bank Enterprise Ltd.; Belize City Mayor Bernard Wagner; Bention Feinstein, Stake Bank Enterprise Ltd., and Tracy Panton, minister of economic development, petroleum, investment, trade and commerce PHOTO: Courtesy of Michael Feinstein
Belizean officials were on hand for the groundbreaking for Stake Bank Cruise Port, a modern docking facility that will be located 10 minutes from Belize City.

Berthing for four large cruise ships 

The project's first phase, valued at $67m, will create two finger piers that can handle four large ships simultaneously. This will shorten the current long tender ride to Belize Tourism Village and expedite tours dispatch.

The 25-acre island will also provide shopping, cultural attractions, beaches, a Mayan-themed water park and crew facilities.

Belizean businessman Michael Feinstein—who developed Belize Tourism Village years ago—is spearheading the project along with his wife Melita of the Feinstein Group of Companies.

Development team

Stake Bank has assembled a seasoned development team consisting of Schneider Engineering & Consulting (engineering and coastal design), EDSA (upland development), MAC Maritime (cruise industry liaison) and Atlantic Bank Ltd. (lead financial arranger).

'As this development moves into the final design and construction phase, we will solicit feedback from our cruise line partners directly and through the FCCA (Florida-Caribbean Cruise Association) to insure the maritime and upland elements deliver a safe and enjoyable experience for the passengers and crew,' said Mike McFadden, president of South Florida-based MAC Maritime.

Stake Bank Cruise Port will be one of Belize's largest and most important development projects. Tourism accounts for 30% of the country's GDP and is a significant source of foreign exchange.