Tuesday, the Quisqueya Binational Economic Council (CEBQ), broke ground of a first pilot Plan in Zone 1 with an initial investment of $ 31 million. The main objective of the project is the creation of 100,000 direct jobs in the textile sector by 2030.

The ceremony was presided over by members of the CEBQ Marc Antoine Acra, Jean Lucien Ligonde and the Dominican entrepreneur Juan Vicini Lluberes

The entrepreneur Vicini informed that the objective of the fund for zone 1 is to exploit synergies between renewable energy, transportation logistics, raw materials and labor that will benefit the communities of Ouanaminthe, Juana Mendez, Dajabón, Pepillo Salcedo and Fort Liberté.

"With the development of these industrial buildings, 4,000 industrial jobs will be created, the active participation of the population in the development of sustainable urban community and the formalization and promotion of bilateral trade will be created," said Marc Antoine Acra. Describing of historical the construction of this project for the economy of Haiti and the Dominican Republic.

Also, in this first phase, 600 housing units will be built for the textile plant workers and 400 for those of the finished products plant.

Recall that the economic development of the border area between the two countries, by the private sector, was launched in 2013 in Miami by President Michel Martelly and Danilo Medina. The deployment of the overall project is planned in four zones :

Zone 1 will be an international zone of free trade as a special economic zone, where two cities (Dajabón and Ounamithe) will be the pivot, with the port of Manzanillo as a trading exchange platform.

Zone 2 will be for production and agro-industry, with the creation of the transit routes for agricultural products.

Zone 3 will be in charge of renewable energy storage and pumping, using the waters of the great lakes of the Caribbean, Enriquillo and Azuei

Zone 4 will be a platform devoted particularly at international festivals and developing the tourism potential.

Recall that the estimation of the total of the 4 areas development project over 15 years, has been estimated at nearly $ 5 billion and that the development of the border area, will benefit some four million people living on both sides of the border. All projects that have been analyzed in this project, are themselves sustainable and able to guarantee the reasonable rate of return on investment. The majority of the investment will be supported by the private sector, with the support of international organizations. Public investment will concern the development of access infrastructure in development areas in places where it is necessary.

Learn more about CEBQ :

The Quisqueya Binational Economic Council is a binational cooperative organization formed by a group of representatives of Haiti and the Dominican Republic, which, under the legal and diplomatic framework work together for the formation of investment platform and sustainable development on the border axis.

See also :

https://www.haitilibre.com/en/news-15955-haiti-politic-official-launch-of-the-binational-observatory.html

https://www.haitilibre.com/en/news-15840-haiti-dominican-republic-first-meeting-of-the-binational-economic-council-quisqueya.html

SL/ HaitiLibre