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Investment - Haiti Observer Blog

Investment, Haiti Observer Blog. Read the following articles about Investment


 

Major Gold, silver and copper mines found in Trou du Nord, Haiti

There is a good chance that our beloved country of Haiti may say goodbye to it to its long history of poverty and misery.

Mining companies revealed that they have found at least 1 million ounces of gold at two sites in the region of Trou du Nord, in North of Haiti. Not only they found gold in Haiti, they also found silver and copper.

This precious metals worth potentially $20 billion.

According to the report, in April the first significant amount of silver ever reported in Haiti was found in the town of Trou du Nord located in the North region of Haiti. Mining companies estimated between 20 million and 30 million ounces of silver. Geologists suspect that more than 1 million tons of copper is waiting in the area of Trou du Nord in the area under exploration.

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Red Cross contemplating of investing money donated for Haiti

Well, if I told you that an organization whose core business is to provide aid to those in distress while relying on donor funding is thinking of investing that very money, you would probably say that am out of my mind.

Right?

How do you even explain that idea to people who gave willingly because they had a desire to alleviate the suffering of some individuals?

Is it that the organization has done everything it desired to do, so that now there is nothing else to do with the money?

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Mr. Karl Jean-Louis, head of Investment Facilitation Center (CFI)

As the poorest nation in the Western Hemisphere, Haiti has been scrambling to recover from 2010's earthquake. Many sectors need investment, among them agriculture, energy, housing, and tourism. The need for investment dollars is great and the Investment Facilitation Center (CFI) a vital component to repairing the infrastructure and improving the economy.

CFI's aim is to cultivate relationships with private investors and drive them to developing investment opportunities throughout the island. Working with the local Chambers of Commerce, CFI will collaborate with investors to develop initiatives for local projects with significant growth potential.

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Office of Investment Facilitation Center (CFI) in Cap Haitien

Haiti's speedy and successful introduction to the world market is dependent on the investments the country acquires both locally and internationally from the different sectors. To make sure that the country is being able to attract more and more investments in so as to develop economically, the government Center for Investment Facilitation (CFI) that promotes and facilitates private investments to the country.

With the proclamation of CFI's former director Laurent Lamothe as Hawaii's new Prime Minister earlier this year, Mr. Karl Jean-Louis was since given the task to head the responsibilities of the autonomous body. The CFI is the union of the public and private sectors in further developing Haiti in terms of its economy through investment opportunities. This is for the Haiti's government and its departments to gain support in the different projects that aim for the development and welfare of the country and its citizens. With its slogan to the rest of the world, "Haiti is now open for business". The CFI has been said to be able to have helped establish more than a hundred companies and have provided about 60,000 jobs through the years.

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Lake Azeui Is Likely To Attract More and More Investors

While Haiti is trying hard to promote the tourism industry, a lot has to be done in order to make this goal successful. According to Dr Jean Orelien, a Haiti-American native, there is a lot of potential for investment in Haiti if only a good business environment will be created. He is one of the investors who are keen on investing in the tourism industry.

Jean Orelien is the chief executive officer at a healthcare firm at Scimetrica. He is hopeful that the economy of Haiti will be growing fast if the recent trend will be maintained. He said that with an economic growth of 8%, the country will be moving towards double in the next three years. The club has already started a security project plus there is more architectural work going on in this region. The aim of the project is to have as many people as possible applying for shares to the club in the US.

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CFI Director Karl Jean-Louis Seeks Investment Opportunities for Haiti

Karl Jean-Louis, Director of Investment Facilitation Center (CFI), recently opened an office in Cap-Haïtien. Jean-Louis wants to attract a group of multi-lingual, capable, and committed professionals to provide resources, research, and act on investment opportunities as they appear. He wants the CFI to be proactive, productive, and develop working relationships with the great north Chamber of Commerce.

The CFI's goal is to highlight local projects in the great north and east regions of Haiti, ripe for investment. To this end, CFI intends to nurture potential investors and steer them towards developing investment opportunities in local areas. The Cap-Haïtien Chamber of Commerce's role is to assist both CFI and potential investors to develop initiatives for investment opportunities and oversee them as they progress.

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Banking Fraud In Haiti By Gerard Dumont

An important case of a fraud in banking has taken place in Haiti. One of the biggest issues in Haiti is that for whatever crimes are committed, the concerned people are not held accountable. The same mistakes are being made over and over again.

Gerard Dumont Vanishes With Millions Of Dollars

The Allied Irish Banks were defrauded of $750 million by a trader based in Baltimore. There was also a particular Gerard Dumont who was the owner of a Mini Bank in Haiti. The bank was called Bureau de Change Gerard Dumont. In the late eighties, it closed down suddenly.

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