Investment

Trenton Daniel of the Miami Herald describes below the speech given by Bill Clinton at the second annual Haiti Diaspora Unity Congress. During the speech, he encouraged the Diaspora to stay engaged and announced a number of new initiatives.  For example, he noted that the Soros Economic Development Fund has created a Haiti Invest project, through which an initial 25 million dollars will be spent on  promoting investment in agricuture, energy, housing, and tourism.  Clinton is an asset to Haiti, but as one participant emphasized, the Haitian Diaspora must now step up.

The second annual International Congress of the Haitian Diaspora will take place August 6-9, 2009 at Trump International Beach Resorts in Miami Beach, Florida.  The purpose of the event is to capitalize on the resources that the Diaspora can bring to help build Haiti’s economy.  The agenda includes a variety of issues such as boosting tourism, stimulating agricultural production, restoring forests and ecology, managing water supplies, preparing for disasters, achieving literacy, and job creation.  A schedule of events is copied below.  If you would like to participate, you can register here. Contact information is listed below if you want to volunteer.

Most would agree increasing trade is important for Haiti's long term development.  Where people disagree concerns what kind, how much, and where.  Haiti has never been an easy place to invest, but it has enormous potential due to its large multinational Diaspora, proximity to the United States, vast labor pool, and now the passage of Hope II.  Given these advantages, is Haiti open for business?