Haiti - Politic : Approach to support the development of promising sectors of the economy - HaitiLibre.com : Haiti news 7/7





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Haiti - Politic : Approach to support the development of promising sectors of the economy
22/03/2019 09:49:26

Haiti - Politic : Approach to support the development of promising sectors of the economy
As part of the development of economic sectors, the Ministry of Trade and Industry (MCI) believes that it is necessary to support entrepreneurs and channel their efforts in the creation of wealth.

The Ministry justifies its initiative by the need to give a new breath to the support of companies; the need to prioritize sectors of activity in the context of public policies in order to be efficient and the need to harmonize the actions of the various ministries of the economic sector.

The 3 areas of support for the development of sectors :

  • The creation of added values ​​and quality and protected jobs;
  • The development of value chains with the bet on competitiveness;
  • The promotion of entrepreneurship and investment.

Results expected by the MCI :

  • The choice of priority sectors is defined on the basis of well-developed criteria;
  • The national policy document for the development of value chains elaborated and validated;
  • A Sector Support Program is implemented;
  • An information and data disclosure center on priority sectors for business intelligence;
  • Sector tables working continuously.

The Ministry has already identified certain sectors that have served as a basis for the development support mechanisms (programs and projects) of the private sector set up (agribusiness channels, study of typical products, based on the development of the bio economy, work on textiles etc...)

The approach of support to the sectors is not new to the MCI since it was engaged in 2015 but the initiative was interrupted. The need has become more important. This initiative was resumed in 2018 and the Ministry intends to make the work more structured, both in terms of the choices to be made and the level of support to be given to the sectors.

In this perspective, the Ministry has already drafted, proposed and published a concept note of the approach; Developed a prioritization methodology for the sectors; proposed to the Public Investment Program (PIP) an ad hoc project to support the development of value chains; seeks partners and donors for this project and wants to develop a synergy between the Ministry of Economy and Finance, the Ministry of Planning and External Cooperation, the Ministry of Agriculture, Natural Resources and Rural Development and the Bank of the Republic of Haiti (BRH).

HL/ S/ HaitiLibre

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