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Haiti - Economy : In Calgary, discussion about Haiti
27/03/2011 14:48:56

Haiti - Economy : In Calgary, discussion about Haiti
Luis Alberto Moreno, president of the Interamerican Development Bank (IDB) said that many projects of the international organization in Haiti are under way. He made ​​this statement on the occasion of the Annual Meeting of the IDB which is held from March 25 to 28 in Calgary (Canada), meeting which is attended by the most high government officials from 48 member countries of the Bank, whose some finance ministers and central bank presidents.

Moreno, who took part in a forum on innovative business models in Haiti, has also declared that he is confident that the new Haitian government will be able to reach a consensus for the development of the country, noting that the members of his institution pledged to inject $200 million by year in Haiti and over a period of ten years, in addition to cancel $484 million of debt. The president specifies that the IDB will focus on agricultural development, infrastructure, water and sanitation, energy, education and health.

Moreno took the opportunity to remind to the assistance that the IDB, in January of this year has announced a plan to create an industrial park in the north of Haiti, also involving the U.S. government and South Korean company [Sae-A Co. Ltd.], stating that the latter will generate 15,000 jobs during its operation [a project that could lead to more than 50,000 jobs in the long term]. He also stressed the involvement of private sector in the reconstruction of Haiti and cited the example of Coca-Cola and the company "Aguas de Barcelona". In the first case, the U.S. company, in collaboration with the Multilateral Investment Fund of the Inter-American Development Bank (MIF) has created a drink made from mango juice, a fruit produced in abundance in Haiti. The benefits from the drink, currently marketed in the United States and Canada under the name "Hope Haiti Mango Lime-AID" return to Haiti said Moreno. In the second case, the Spanish company "Aguas de Barcelona" will provide technical assistance for the water supply of Port-au-Prince.

Regarding the political situation, Luis Alberto Moreno said that the Haitians "have had the opportunity from express themselves through the ballot box last Sunday" adding that "we'll see when we will finally know the results. But obviously it will be a very difficult situation that will force the creation of a national consensus and I hope the next government will have this ability".

Jacques Rogozinski, General Manager of the Inter-American Investment Corporation (IIC) for its part, stated that "he speed of the recovery of Haiti will depend on the pace of the reconstruction of its infrastructure".

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