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Haiti - Economy : Positive results for the forum «Invest in Haiti»
01/12/2011 09:21:53

Haiti - Economy : Positive results for the forum «Invest in Haiti»
The forum "Invest in Haiti" closed its doors yesterday. Nearly 1,000 participants, investors and business people have dialogued with the Haitians and explored investment opportunities. Remarkably in Haiti, the important device security and logistics worked perfectly and no incidents were reported, which contributed to project a positive image of Haiti to the world. Karl Jean Louis, Executive Secretary of the Presidential Investment Advisory Concil (PIAC), gives a positive assessment of the event and is confident of the economic benefits in the short and medium term.

"...during the two-day forum, there were nearly a thousand of investors who came, they dialogued with Haitian investors and other investors [...] to look at investment opportunities in Haiti was the first goal we had [...] The second objective was to give another image of Haiti, so there were a thousand investors from 27 countries around the world. I think this is an important step in terms of image of Haiti to show that during these two days, with all these people, everything went well, there were no incidents. We have given them red carpet service at the airport and more importantly, we showed the interest that we have on the issue of investment [...] The President of the Republic, the Prime Minister with several Ministers including the Minister of Foreign Affairs, the Minister of the Interior, the Minister of Trade and the Minister of Tourism spent the day yesterday to make presentations, meeting with investors to encourage them [...] to show them how we really want that Haiti receives such investments.

We have announcements that have been made in the immediate LS Cable, Marriott Hotel, the coffee sector, Nestlé and there are others that are not yet out, but I can tell you that by January we will have a firm that is already on the ground, which has almost finished signing all contracts, for the creation of an investment fund. Is the first time in Haiti, that we will have an investment fund, set up by foreign investors who will give credit. We will also have a company that manufactures furniture that will settle in Caracol. Further announcements will be made in December and January in the tourist industry and others will come progressively.

[...] I think the results are positive. For the critics, [...] for those who think it's a waste of resources, a waste of money, I think that throughout the world, even in the United States, France and in countries that are already well developed, they are still this kind of meeting, because they are always looking for investments.

I think there is a necessity to change in the country the way we see the things, if we want to change, we must be open to the world, and to be open to the world we must invite it to come here. On the contrary, if we could have this type of forum 2-3 times a year, it would be good, because when you have 1.000 foreigners that meet us, those who are watching from the outside, see Haiti differently, they see that the welcome that we give is different. These are 1,000 people and more that will speak in good of us. When you have Marriott hotel that comes in Haiti [...] when several large companies settled, others will join them it's a series of signals that are sent. When you have an organization such as LS Cable, the largest fiber optics company in Korea, which says that it comes in Haiti, others will come..."

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