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Haiti open for business: targeting up to $600 million in foreign investment in 2013

Wednesday, June 27, 2012

Mevs described The Bahamas as being more of a “knowledge” economy, and Haiti has a surplus of land and a large population.

“In tourism, Haiti is spending a lot of money on infrastructure in the north on airports and terminals for cruise ships. And we need hotel rooms. We need everything. And we need people to train Haitians in this industry,” according to the ambassador.

The third sector ready for growth is financial services, including insurance, which collapsed after the earthquake.

Mevs emphasized that the two countries do not have “competing interests”, and the future will be brighter if the nations work together.

Attracting investment from The Bahamas is a “top priority” for Haiti. Yesterday’s conference brought up a number of possible avenues for investment, including everything from technology services to fish farming.

In the end, Mevs and the BCCEC hope engagements like these will spark more citizens to push the button of economic partnerships.

Source: Nassau Guardian

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