How to get Haitian Diaspora to invest in Haiti Economy
ADVERTISEMENT
The Government of Haiti (GOH) is working non-stop to attract foreign investment and get its economy restored. Many development banks, non-government organizations, and investment initiatives are funding projects to rebuild Haiti. One of the richest investment resources is the Haitian Diaspora. Made up of law, education, medical, science, and information technology fields, it is a bounty of resources Haiti needs to fully recover from its destruction.
An effective way to get the Diaspora's participation is giving them dual citizenship. This is what President Martelly has done by having the Constitution amended to provide this right. But it will take more than dual citizenship to get the Diaspora's long-term investment in repairing and rebuilding projects, capitalization of small and mid-size enterprises, and development of a free public education system.
GOH needs to curry favor with the Diaspora by offering them more contact with it. They need to create a Ministry of Culture and Education, with a department of Diaspora Relations. As part of GOH's administration, the department would work to involve the Diaspora in initiatives and in cultural and history programs to connect them with their heritage and country. Forming a bond with Haiti would encourage more private investment, uniting Haitian and Haitian-Americans, in particular, in making common cause.
Read more: diaspora, Investment, Investor, business, Business & Finance, diaspora
« Who is the Real Haitian? | Main | Haitian Diaspora Remittance Helps Haiti and U.S. Economies »
Leave a Reply
Name (required) E-mail (required, will not be published)» »
Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were or grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.