Blue Diamond Ventures Inc (BLDV)

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NO PRODUCTION of any product for Bio even ethenol! Again this is a SHELL NO ASSETS Read Below even sugar has been cut back,
NO SUPPORT FOR BIO PLANT!

http://countrystudies.us/belize/52.htm

AGRICULTURE
As the 1990s began, sugar was still the Belizean economy's single largest export earner. Sugar production involved a unique hybrid of agricultural and industrial activity. Sugarcane cultivation, on one hand, and the mechanicalchemical transformation of cane into sugar, on the other hand, made for this peculiarity. Both processes needed to be coordinated because of the perishability of the crop. In Belize small farms in the north produce the bulk of the sugarcane. In the early 1990s, the coordination of the agricultural aspects of sugar production and the organization of cane delivery were the responsibilities of the Cane Farmers' Association. The industrial segment of the sugar-production process was controlled by Belize Sugar Industries Limited (BSIL). Overall coordination of the industry was exercised by the Belize Sugar Board. Until 1985 Belize had two sugar mills: the Libertad factory in the Corozal District, opened in 1937, and the factory at Tower Hill near Orange Walk Town, opened in 1967. In July 1985, the Libertad factory was closed. By early 1989, Libertad had been reopened and leased to the Jamaican petroleum company Petrojam. Petrojam was to use Libertad for the production of molasses, which was then to be refined in Jamaica into ethanol. Ethanol had duty-free access to the United States market under the CBI arrangement. The Belizean sugar industry, as elsewhere in the Caribbean, experienced large production and export swings. In 1981 an estimated 30 percent of farmland, formerly used for growing sugarcane, had been abandoned. Yet, at the end of the 1980s, the United States increased its quota for Belize at the expense of Guyana, which was not reaching its allotment, and in early 1990, BSIL reported its largest-ever bulk shipment (17,300 tons of raw sugar) to Canada.

Here is more

http://countrystudies.us/belize/55.htm

Crops other than sugar, citrus, and bananas played a very minor role in the Belizean economy in the early 1990s. Cultivation of nontraditional export crops were encouraged by the CBI as a way of lessening dependence on sugar and banana exports. Trade incentives were offered for nontraditional products, such as tropical fruits or winter fruits and vegetables. This strategy was only moderately successful, however.

Examples of failed attempts at agricultural diversification included AID's sponsorship of the Belize Agri-Business Company, whose purpose was to decrease the dependency of northern farmers on sugarcane by replacing it with cucumbers, okra, and bell peppers for winter export to the United States. The effort failed because of the farmers' reluctance to change and because of poor marketing. In 1987 the failure of Caribe Farm Industries, the most prominent nontraditional agricultural exporter in the country producing a variety of vegetables, added to the growing frustration with the diversification efforts. Difficulties were also experienced with tropical fruits. The Danish-owned Tropical Produce Company (TPC) had a 570-hectare mango farm in the Monkey River area of the Toledo District. Its produce was grown for the United States market, as well as for European importers, with whom TPC held a ten-year contract. But shipments were erratic because of Mediterranean fruit fly quarantines. For instance, from 1987 to 1990, there were no mango exports from the TPC farm to the United States.

Most production of import-substitution crops resulted from the efforts of two groups, the Maya and the Mennonites. Small farmers, primarily of Mayan descent, grew corn and beans in sparsely populated areas for their own consumption. The immigrant Mennonite community bought 40,000 hectares of forested land along the Hondo River in 1959, constructed a road to Orange Walk, and soon created a thriving business based on dairy products, vegetables, beans, and poultry. Yet, overall production swung widely over the years, closely following price subsidies. The Belize Marketing Board, which supervised production of import-substitution crops, was scheduled to function exclusively as a price stabilization agency by the end of 1992.