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Haiti - Economy : Resumption of activities of Moulins d'Haiti (LMH)
16/12/2011 07:44:24

Haiti - Economy : Resumption of activities of Moulins d'Haiti (LMH)
Yesterday took place the official resumption of the activities of Moulins d'Haiti (LMH) located in Laffiteau, on this occasion the President of the Republic, Michel Martelly, government officials, of business community were present. The activities of Moulins d'Haiti had been abruptly halted following the destruction of its facilities on January 12, 2010.

Carl Braun, the President of the Board of Directors, declared hat the new facilities of the mill makes it the largest milling of the Caribbean "...thanks to the good agreement between the Haitian government and the private shareholders we were therefore able to rebuild this great industrial plant that we are inaugurating today, with two flour mills with a total capacity of 1,200 tonnes per day and a corn mill of 120 tonnes per day, the largest mill of the Caribbean rises from the ashes..." adding that the works to reopen the Moulins d'Haiti are the result of an investment of 55 million U.S. dollars.

The Minister of Agriculture Natural Resources and Rural Development, the agronomist Docteur Hebert declared "... after twelve years of effort, work and investment continues the production has more than doubled, currently the Moulins d'Haiti unless I am mistaken are the largest mills in the Caribbean, we understand and we share the legitimate pride that drives that company which now employs over 400 people..."

The President Martelly, for his part has focused on the public-private partnership "...the Moulins d'Haiti have in their assets additional reasons to hold my attention, firstly the constitution of its capital projects an inspiring model, private-public sector partnership, marriage of the national capital with foreign capital and I want to highlight the spirit of this dual partnership, which may help to generate capital for the case of our resources.

Secondly I noticed that the Moulins d'Haiti doesn't have monopoly and operates in an open market subject to competition laws, this situation remarkable experienced by this company proves eloquently that an intelligent initiative, conditioned by the demands of the market does not need regalian advantages to be profitable..."



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