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Haiti - Tourism : Political instability, major impediment to investment in the tourism sector 17/08/2015 12:35:18
These projects have created 3,425 direct jobs and 10,275 indirect jobs (every direct job creates 3 indirect jobs), or a total of 13,700 direct and indirect jobs in tourism and related services. In his speech the Senator Jocelerme Privert, stressing the importance of the role of tax incentives in the investment projects, has deplored that the investments in the tourism sector were slow to materialize. He believes that this situation was caused by constraints of infrastructure and energy levels but mainly the political instability was a major barrier for investors, that are reluctant to the business environment in Haiti. He estimated that more incentives, other factors must be considered to attract investment and increase the growth of the country, claiming that Haiti needs of a continuous growth of over 5%, to reach in 2060, the current level of Dominican Republic. HL/ HaitiLibre
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