industrial park - Haiti Observer Blog

Opening ceremonies for Caracol Industrial Park (CIP) occurred on October 22, 2012. Michel Martelly, President of Haiti, hosted some of the biggest backers of northern Haiti's first industrial park, projected to eventually produce nearly 200,000 jobs. Secretary of State Hillary Rodham Clinton, along with her husband, President Bill Clinton, presided over a crowd of investors and celebrities.

Haiti, the U.S., and the Inter-American Development Bank have donated a combined total of $464 million over the next six years. Other foundation and business donors are contributing to the development of Haiti's infrastructure.

Secretary Rodham-Clinton spoke before a lunch reception crowd. She told them that contributing to the sustained economic health of Haiti goes beyond sending relief aid to the earthquake-damaged island. On-going private investment in the infrastructure and economic initiatives to provide Haitians a better quality of life are key to raising Haiti out of its failed-state status. She said that although CIP was already in the planning stages before the 2010 earthquake shattered the country's infrastructure and economy, already feeble, the Obama administration has placed Haiti high on its priority list. The U.S. has followed through with a $124 million investment in CIP.

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Sae-A trading, a Garment Company from South Korea plans to open its factory in Haiti and create 20,000 jobs. The factory will be located in the new industrial park located in the North of the country, away from the Republic of Port-au-Prince. The new park is expected to create more than 65,000 jobs and about 5,000 homes nearby.

In 1990, there were over 100,000 garment workers in Haiti. This has decreased to 28,000 today. The Haitian Prime Minister Bellerive admitted that this new deal with the South Korean Garment Company will be the biggest foreign investment in Haiti ever.

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The job market is expected to be booming in Haiti in a relatively short period of time. If you are able and willing to work, you will be able to find job in Haiti.

The "Haitian Joudalist" learned that South Korea, The United States and the World Bank just signed an agreement to created at least 10,000 jobs in Haiti in the garment manufacturing industry. The Korean clothing producing company, Sae-A will create a brand new industrial park in Haiti just for this operation.

We are looking at Haiti in the near future to become one of the leading exporters of clothing products for the world. The Haitian government is in the planning phase of constructing this new industrial park. It is expected to be located in the North, close to the capital. New port and roads will be built to facilitate transportation.

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