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Haiti - Economy : Mission of exploration of investment in the North
31/07/2012 13:06:28

Haiti - Economy : Mission of exploration of investment in the North
Karl Jean Louis, the Director General of the Investment Facilitation Center (CFI) in collaboration with the Ministry of Foreign Affairs, the Ministry of Tourism and the Commission Hope, last week led a delegation of commercial attaches of embassies of the United States, France, the Brazil, Canada and Panama for a mission of exploration of investment of 48 hours, on the business opportunities in Haiti at industrial park (Caracol) and at Park Codevi (Ouanaminthe).

According to Karl Jean Louis, the choice of these representatives of embassies, is part of the business diplomacy advocated by the Chancellor Lamothe, who intends put at contribution the Haitian and foreign diplomats n the promotion of investment in Haiti.

The Industrial Park of 250 ha, to Caracol was the first step of this tour. The Park already houses two companies: the Korean clothing manufacturer, Sae-A Co. Ltd., which began its operations on 50 ha with a potential of 20,000 direct jobs and the Haitian company "Peinture Caraïbes S.A." which should begin production soon. Commercial attaches noted the ongoing investments and opportunities that are offered. In this regard, Henry Claude Muller-Poitvien, the Coordinator of the Commission, responsible for running the park, indicated that a dozen companies have already expressed their interest in coming to settle to Caracol.

This tour continued at Park Codevi, near the border with DR, which currently generates 6.500 direct jobs and over 32,000 indirect jobs. Although dominated by Dominican companies, it was recalled to the Mission that the foreign company "Timberland" (foreign capital) was installed in this park, what paves the way of investment, for other international companies.

This tour ended with a visit to the Bay of Port-Margot, where Ms. Dieudonne Luma Etienne, Regional Director of North of the Ministry of Tourism, has not failed to put forward the economic development potential of the region and the opportunities available to investors, particularly in the construction of hotel infrastructure.

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