Retired NBA Basketball Players Persuaded to Invest in Haiti

In a persistent effort to attract private investment for the reconstruction of Haiti, post the 2010 earthquake, Prime Minister (PM), Laurent Lamothe, and President of Haiti, Michel Martelly, hosted the Philanthropic Summit on 3/09/2013.


Martelly and Lamothe spoke at the glamorous event at the Miami Ritz Carlton Hotel Coconut Grove, arranged by the National Basketball Retired Players Association (NBRPA). Lamothe gave the keynote address to a roomful of potential investors, among them retired NBA Hall of Famers Glen Rice, Penny Hardaway, and Haitian-American Olden Polynice, Haiti's newly-named goodwill ambassador.

Lamothe stressed the government of Haiti's actualization of the 5E Initiative (Education, Rule of Law, Energy, Employment, and Environment), particularly education. He claimed that more than a million children under the Universal Schooling Program Free and Compulsory have been attending school, but more funding is needed to continue the 5E program.

President Martelly delivered inspirational remarks on Haiti's renaissance since the 2010 earthquake, and urged the businesspeople gathered to invest, not only their portfolios, but also their time and talents to help Haiti achieve emerging-nation status by 2030. He reviewed the accomplishments of his government, including pilot programs to relieve grinding poverty and raise the quality of life for the Haitian underclass.

President-Emeritus Bill Clinton, in attendance, spoke of the tremendous strides Haiti has made through the efforts of the Martelly administration, and invited prospective investors to take advantage of Haiti's loosening of its regulatory requirements to invest in large-growth business opportunities.

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Read more: Bill Clinton, Investment, Investor, business, Basketball, NBA, Olden Polynice, Glen Rice, Penny Hardaway, Business & Finance

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