Textile - Haiti Observer Blog

The Haitian clothing industry plays an important role in the country's economy. According to the Inter-American Development Bank (IDB), the industry makes up 80-90% of the country's exports to the United States with supports of trade free deals through the Haitian Hemispheric Opportunity through Partnership Encouragement Act, commonly known as HOPE. The garment industry in Haiti mainly focuses on low-end apparel clothing and cranking out plain T-shirts for the U.S companies such as Walmart, Gildan and Hanes. As of 2012, this sector employed more than 30,000 workers and accounted for about 10% of the country's GDP. In the last week of May, Haiti's Center for the Facilitation of Investments (CFI) and Association of Industries of Haiti have signed a Memorandum of Understanding with the Inter-American Development Bank for continuing their financial support for the existing duty-free trade agreement with the United States. During the last calendar year (2014), $854.3 million worth of textiles and apparel were shipped to the U.S.

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Should Michel Martelly say: Yap Rablabal, map travail? If you look at the latest data coming from the International Monetary Fund, you would say that he is right.

based on the latest information from the International Monetary Fund, Haiti's gross domestic product grew in the 2013 fiscal year by almost 4 percent. This is preliminary information that will be verified after the entire year is over. This is better than expected as the International Monetary Fund projected the growth at 3.4 percent as late as last June of this year.

Si se konsa, anbin bagay yo pa pi mal!

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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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