This is good news by all means. However, these investors would...

David Grant - November 29 2011, 7:57 PM

This is good news by all means.

However, these investors would be looking for concessinary measures before investing.

First of all, the will be looking for tax holidays;
Secondly, they will want certain concession on their electricity bills and water bills; and Thirdly, they will want to pay minimum wages.

If this is OK with the government; then, they will play ball.
However, we all know that poverty and unemployment is very high in Haiti; hence, by all means any deal is a good deal; with the hope that the prospects may change in the future.

Haiti with its wages structure the lowest in the caribbean is the ideal place for those investors.

However, beware of Trade Unionists who in the future may step in and sour the grapes.

Related Article:

New Haiti Industrial Park, 65,000 Potential New Jobs

The first stones have been laid for a new 605-acre industrial park in the Caracol, Nothern Haiti. Haven't you heard? Haiti is open for business.....

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