The Local Government plays a vital role in supporting the private sector, MSME's, and entrepreneurs. With this in mind, the Belmopan City Council decided to create a new department that would focus on improving the business atmosphere in Belmopan. The Local Economic Development started its functions in April 2017.
BUT WHAT IS LOCAL ECONOMIC DEVELOPMENT?
Although the implementation of LED in Belmopan is very recent, the City has already been featured as a best practice in institutionalizing Local Economic Development worldwide. This was based on a Federation of Canadian Municipalities Study on Best Practices. You can download the case study here!