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Haiti - Economy : Good 3rd quarter for the Caracol Industrial Park
20/10/2014 13:24:16

Haiti - Economy : Good 3rd quarter for the Caracol Industrial Park
Two years after the inauguration, the Caracol Industrial Park (PIC), it accommodates 4,766 workers in a region where the unemployment rate exceeded 46%. During the third quarter (Q3) 2014, employment increased by 43% compared to the previous quarter (3,324) while exports have exceeded the previous quarter by 154%, to stand at 57 million USD.

The PIC’s power plant connected 7,300 consumers in the surrounding communities of Caracol, Trou du Nord, Terrier Rouge and Limonade while continuing to supply consistent and reliable energy to clients in the park.

The former EKAM housing settlement now "Village La différence" with its750 homes now has 250 workers employed at Caracol and provides free, quality education for 400 children.

Year to date the workers payroll amounted to US$5.4 million (244 million Haitian Gourdes).

"This was a good quarter for the Caracol Industrial Park and while the accomplishments are encouraging, SONAPI is focused on continued growth to promote investment and job creation which is a critical need in Northern Haiti," declared Bernard Schettini, Director General Societe National du Parcs Industriel.

The third quarter saw the finalization of agreements for the construction of four new buildings that can accommodate 4,000 new workers in the period 2015-2016.

Other figures :

  • Employment increased 43.38% over Q2 and 61% compared to Q1
  • The community of Trou Du Nord continues to be the largest source of labor
  • The largest percentage increase of labor in Q3 was from Quartier Morin
  • Caracol, Limonade and Cap Haitian together supply 59% of the workforce
  • Recruitment from Ouanaminthe continues to stay low at 3%
  • Women constitute 73% of the tenants workforce in Q3 2014
  • Sae-A/SHG employs 84.87% of all the people in the Caracol Industrial Park
  • One third of the houses from EKAM have a person employed at PIC
  • The number of workers able to access electricity from the PIC utility increased 78.35% over the previous quarter and 111.7% compared to Q1

SL/ HaitiLibre

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