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Inter-American Development Bank - Haiti Observer Blog

Inter-American Development Bank, Haiti Observer Blog. Read the following articles about Inter-American Development Bank


 

IDB asking where did the money given for Caracol road go

Wilson Laleau and Jacques Rousseau will have some explaining to do in regard to money given by the Inter-American Development Bank (BID) for the construction of road to access the Caracol region. After visiting the site of the project, BID had estimated that the project is incomplete, was not managed well and sufficient documentation has not been provided to justify the expenses. So far, the explanation provided by Wilson Laleau is unacceptable and the Inter-American Development Bank is actually asking for reimbursement.

You may also want to know that the firm "Agritans" that belongs to Presidential candidate Jovenel Moise was one of the companies that benefited from this project.

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Transforming Route Nationale #1, Port-au-Prince To Cap-Haitian, into Highway

What would you say if I tell you there is a plan to make "Route Nationale #1" safer, more efficient and overall better. While we are fighting among ourselves, the multi-year plan to make Haiti an emerging country is moving ahead.

In the objective to improve economic development in Haiti, an investment of $50 million is being made by the Inter-American Development Bank to improve road transportation between Port-au-Prince and Cap-Haitien which are the biggest cities in Haiti.

By the time this project is over, the road from Port-au-Prince to Cap-Haitian will be equipped with guardrails, speed bumps and road signs. The road will also have widening shoulders.

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Nestle Grants $3.5 Million to rescue Dying Coffee Industry

Nestlé is spear-heading a program that will target Haitian coffee farmers, who have the natural resources to produce specialty coffees. The corporation is collaborating with the Multilateral Investment Fund (FOMIN), a division of the Inter-American Development Bank, along with L'Agence Française de Développement. The agencies will hand out $3.5 million in grants to re-invigorate Haiti's sagging coffee industry. Statistics cite export coffee production plummeted from 191,000 bags in 1990 to 16,000 bags nearly two decades later.

The comprehensive program includes best practices for sustainability farming, coffee bean harvesting, sorting, manufacturing processes, quality assurance, fair trade certification, and marketing. The coffee collectives will also learn cost-effective techniques to lower production costs. The program will also assist coffee farmers learn new business skills, including collective procurement of agricultural tools, machinery, and methods of bean roasting.

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